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ES
Global Markets Wary as U.S. Shutdown Threat Looms, Fed Policy in Focus
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Asian stock markets opened cautiously on Monday as investors awaited developments on a potential U.S. government shutdown.
President Donald Trump is set to meet with congressional leaders later in the day to discuss extending federal funding.
Without a deal, the shutdown would begin Wednesday, coinciding with the implementation of new U.S. tariffs on trucks, pharmaceuticals, and other goods.
Analysts warn a prolonged closure could hinder the Federal Reserve’s policy decisions ahead of its October 29 meeting, as key reports like September payrolls would be delayed.
On Monday, S&P 500 and Nasdaq futures gained 0.2%, while European futures, including Eurostoxx 50, FTSE, and DAX, also rose 0.3%.