Reported 4 days ago
The possibility of a government shutdown looms as Senate Democrats oppose a House bill aimed at continuing government operations until September with spending cuts. With a tight deadline approaching and the Senate GOP likely to block the Democrats' one-month alternative, reactions from investors indicate heightened concerns about the economic impacts, especially given recent market volatility and fears of stagflation. Analysts suggest that while shutdowns historically have limited market impact, the ongoing political standoff adds unwelcome uncertainty to the current economic climate.
Source: YAHOO