Reuters / Marcos Brindicci
- US stocks traded mixed on Friday as a government shutdown looked increasingly likely.
- The session also closed out a dismal September, with the S&P 500 losing 5% to mark its worst month of 2023.
- For the third quarter, the benchmark index lost about 4%.
US stocks traded mixed on Friday as investors initially cheered better-than-expected inflation news but grew jittery as a government shutdown appeared more likely.
The core personal consumption expenditure price index, which is the Fed's preferred measure of inflation, rose 0.1% in the month of August, less than the expected 0.2% monthly increase.