The S&P 500 Index ($SPX) (SPY) today is down -0.33%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.82%. March E-mini S&P futures (ESH25) are down -0.14%, and March E-mini Nasdaq futures (NQH25) are down -0.39%.
Stocks today are trading lower as a US government shutdown looms this weekend if Congress cannot pass a stop-gap funding bill by midnight tonight. Also, the fact that the Republican-controlled House could not pass the Trump-approved funding bill yesterday did not bode well for Republican cooperation next year in trying to pass Trump legislative initiatives when they will control the presidency and Congress.
