Germany's DAX fell 0.6 per cent to 15,458.86 while the CAC 40 in Paris also dropped 0.6 per cent, to 7,143.79. Britain's FTSE 100 declined 0.6 per cent to 7,637.55. The futures for the S&P 500 and the Dow industrials were up 0.1 per cent.
On Friday, the S&P 500 slipped 0.2 per cent, while the Dow Jones Industrial Average was off 0.3 per cent. The Nasdaq composite dipped 0.1 per cent. The retreat has deepened with Wall Street's growing conviction that interest rates likely won't come down much anytime soon. Adding to unease, the U.S. federal government is heading toward a shutdown at the month's end that would disrupt many services, squeeze workers and roil politics. It comes as Republicans in the House, fuelled by hard-right demands for deep cuts, force a confrontation with Democrats over federal spending.
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