Stock market weakness could continue in week ahead as looming government shutdown adds to fears

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Investors are growing worried an agreement to avoid a shutdown is unlikely with just a little over a week left to go before the end of the fiscal year in Washington.

A government shutdown is not likely to hurt financial markets. But, it could delay the release of key economic data, such as inflation figures. That could handicap the Federal Reserve at its next policy meeting. It may also further hurt consumer confidence and slow the economy.

Home Price Index 9 a.m. S & P/Case-Shiller comp.20 HPI 10 a.m. Consumer Confidence 10 a.m. New Home Sales 10 a.m. Richmond Fed Index Earnings: Cintas, Costco Wholesale Wednesday Sept. 27 8:30 a.m. Durable Orders Earnings: Micron Technology Thursday Sept. 28 8:30 a.m. Continuing Jobless Claims 8:30 a.m. GDP 8:30 a.m. Initial Claims 10 a.m. Pending Home Sales Index 11 a.m. Kansas City Fed Manufacturing Index Earnings: CarMax , Nike Friday Sept. 29 BEA Domestic Auto Sales final 8:30 a.m.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investors riddled with FOMO might be re-entering the US stock marketInvestors who missed out on this year’s unexpected rally seem to be dipping their toes back into the US stock market.
Source: CNN - 🏆 4. / 95 Read more »

Fed Leads Investors Into Bonds Amid Stock Market Uncertainty, Higher YieldsBonds Analysis by Investing.com (Francesco Casarella) covering: United States 10-Year, iShares 20+ Year Treasury Bond ETF, 10-2 Year Treasury Yield Spread, United States 10-Year TIPS. Read Investing.com (Francesco Casarella)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »