December S&P 500 E-Mini futures (ESZ25) are down -0.05%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.08% this morning as investors weigh the outlook for the Federal Reserve’s interest rate path following the end of the longest government shutdown in U.S. history.
U.S. President Donald Trump signed a spending bill to reopen the government late Wednesday, a measure passed by the Republican-controlled House after a record-long 43-day shutdown. The legislation cleared the House on a 222 to 209 vote, largely along party lines. The package extends federal government funding through January 30th and includes full-year funding for the Department of Agriculture, military construction, and the legislative branch. It will ensure that federal employees, including air-traffic controllers, receive their pay and return hundreds of thousands of furloughed government workers to their jobs.
