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You are at:Home » How the S&P 500 performed after 10 previous government shutdowns
Personal Finance

How the S&P 500 performed after 10 previous government shutdowns

News RoomNews RoomOct 7, 2025 4:42 pm EDT1 ViewsNo Comments2 Mins Read
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The U.S. Capitol is seen on the 2nd day of the federal government shutdown in Washington, D.C., on Oct. 2, 2025.

Mehmet Eser|Anadolu|Getty Images

With the federal government shutdown nearing its one-week mark, financiers might be keeping an eye on how the stalemate in Washington is impacting their portfolios.

Up until now, stocks have actually been doing simply great. Although the S&P 500 was down somewhat on Tuesday, the index returned 0.80% in between Oct. 1 and Oct. 6– and even notched numerous brand-new highs.

It ends up that market gains throughout and following a federal government shutdown are not uncommon.

” Historically, shutdowns themselves have actually seldom thwarted equities,” stated Cathy Curtis, a qualified monetary coordinator and the creator and CEO of Curtis Financial Preparation in Oakland, California. Curtis is likewise a member of CNBC’s Financial Consultant Council.

Markets do not rate in ‘existing sound’

The S&P 500 increased 36% throughout the year after the last federal government shutdown, which ended in early 2019, Morningstar Direct discovered. One hundred days following the 1982 shutdown, the index was up 19.7%.

” Markets are positive and tend to rate in future conditions, not existing sound,” stated Andrew Hiesinger, creator and CEO of Quant Information, a market info platform.

Post-shutdown gains aren’t universal. For instance, 100 days after the January 2018 shutdown, the S&P had actually fallen 4.5%, and was still down 3.1% at the 1 year mark.

The stock exchange isn’t carrying out too inadequately throughout the existing shutdown due to the fact that financiers are banking on softer inflation and ultimate rate cuts from the Federal Reserve, Hiesinger stated.

” The marketplace has actually found out to discount rate repeating political drama that seldom alters long-lasting basics,” he included.

More from ETF Strategist:

Here’s a take a look at other stories providing insight on ETFs for financiers.

That suggests financiers can temper their responses to the headings, too, Curtis stated.

” The very best reaction to a shutdown is typically no response at all,” she stated. “Remaining invested through unpredictability has actually traditionally rewarded those who stay client.”

The S&P 500 shutdown efficiency information likewise reveals the advantages of purchasing a varied basket of stocks, such as through exchange-traded funds or shared funds, instead of in any one private business.

” In times of political gridlock, broad direct exposure typically exceeds reactive trading,” Hiesinger stated.

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