Regulation
Congress Passes Continuing Resolution
The temporary budget would keep the government funded into next year.
The temporary budget would keep the government funded into next year.
Washington dysfunction, fear of the Fed and a host of other anxieties haunt the markets.
The 35-day closure will pump the jobless rate up to 4.1% for January, RSM’s Brusuelas says.
Historically, the S&P 500 has been flat when federal functions grind to a halt, and the index is up 7.5% since the latest closure.