U.S. government shutdown intensifies market uncertainty, stock index futures decline
ChainCatcher news, according to Golden Ten Data, US stock index futures fell after Congress failed to reach an agreement on a spending plan, forcing a government shutdown and leaving hundreds of thousands of federal employees unable to work. The government shutdown could disrupt the S&P 500 index's 14% gain this year and may delay the release of key economic data, including the employment report scheduled for Friday. Some analysts said that if the non-farm payroll data is delayed, it will increase the uncertainty caused by the government shutdown, and volatility is expected to rise in the new quarter.
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