Dow Jones Recovers, Microsoft Drags Nasdaq; Government Shutdown Looms

• Wall Street indices saw a mixed and volatile session, with Dow Jones ending 55 points higher after a 474-point recovery from lows.
• Microsoft shares plunged 10%, marking its worst single-day drop since 2020, significantly dragging Nasdaq and S&P 500.
• Meta shares surged 10.5% after strong results, contributing to Nasdaq's recovery from intraday lows.
• Other software companies like ServiceNow, Oracle, and Salesforce also fell amid concerns over AI's impact on Microsoft's business model.
• A potential US government shutdown looms as the Senate failed to clear a funding package, with a deadline of Saturday 12:01 AM ET.

Why It Matters: Dow Jones recovered despite Microsoft's significant drop, while a US government shutdown and commodity swings add to market volatility.