Here are the most important news items that investors need to start their trading day:
1. Cloudy days in September
2. Shutdown threat looms
Congress enters the week with no clear path toward passing a spending bill by a Saturday deadline and preventing a lapse in government funding. A prolonged shutdown could lead to furloughed workers, disrupted benefits or slower economic growth. The Republican-led House left Washington for the weekend after failing to advance a funding plan, as Speaker Kevin McCarthy could not win the support of hardline conservatives who pushed for drastic spending cuts. “I don’t know what to think,” Senate Majority Whip Dick Durbin, D-Ill., told CNN’s “State of the Union” on Sunday.
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