Stocks Slip Amid Shutdown Fears; Monthly Gains Still in Sight

The Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are all lower today, as focus remains on today's government shutdown deadline. All three indexes are still headed for monthly wins, however. News that President Donald Trump penned a deal with Pfizer (PFE) that will lower Medicaid drug costs is also making headlines, sending PFE nearly 3% higher at midday. 

Continue reading for more on today's market, including:

• C-suite shakeup sends Spotify stock lower.
• Upgrade pushes beverage name higher once again.
• Plus, tech name's call activity climbs; bankruptcy no more for WOLF; and software stock sinking this afternoon.

Tech name UiPath Inc (NASDAQ:PATH) was last seen up 14.8% to trade at $14.42, after the company said it is partnering with Nvidia (NVDA) and OpenAI. The AI giant is a popular pick amongst bull traders today, with 94,000 calls exchanged so far. This is 8 times the average daily options volume, with the weekly 10/3 15-strike call seeing the most action. Today's bull gap has put the equity up 12% year-over-year.

The top stock on the New York Stock Exchange (NYSE) today is Wolfspeed Inc (NYSE:WOLF), last seen up 36.5% to trade at $30.11, after the chip maker said it has found its way out of Chapter 11 bankruptcy. Today's pop puts the equity up more than 360% year-to-date, to its highest level in more than 52 weeks.

Software name Unity Software Inc (NYSE:U) is deep in the red on the NYSE today, with the shares last seen off 7% at $39.93. While the reason behind today's pullback is unclear, the equity has dropped to the $40 floor and 50-day moving average, the former of which was an area of short-term resistance earlier this month. Despite today's steep drop, U remains 77% higher for 2025.