U.S. stocks are drifting around their records on Thursday as technology stocks keep rising and as Wall Street keeps ignoring the shutdown of the U.S. government.
President Donald Trump has seized on the government shutdown as an opportunity to reshape the federal workforce and punish detractors, by threatening mass firings of workers and suggesting “irreversible” cuts to programs important to Democrats.
The federal government was thrown into a shutdown Wednesday with no easy endgame in sight, as Democrats held firm to their demands to salvage health care subsidies that President Donald Trump and Republican in Congress have dismissed as something to possibly discuss later.
President Donald Trump ‘s administration, citing the government shutdown, said Wednesday it was putting a hold on roughly $18 billion to fund a new rail tunnel beneath the Hudson River between New York City and New Jersey and an extension of the city’s Second Avenue subway.
A vote to swiftly end the government shutdown failed Wednesday, as Democrats in the Senate held firm to the party’s demands to fund health care subsidies that President Donald Trump and Republicans refuse to provide.
Washington is bracing for what could be a prolonged federal shutdown after lawmakers deadlocked and missed the deadline for funding the government.
U.S. stocks are drifting on Wednesday following the latest discouraging signal on the job market.
Plunged into a government shutdown, the U.S. is confronting a fresh cycle of uncertainty after President Donald Trump and Congress failed to strike an agreement to keep government programs and services running by Wednesday’s deadline.
U.S. stocks are coasting toward the finish of Wall Street’s latest winning month on Tuesday, as financial markets give a collective yawn for the potential shutdown of the U.S. federal government that’s looming.
When it comes to money many Americans are choosing to invest in the stock market.
