Stock indexes are down today as the risk of a US government shutdown looms. Vice President Vance’s meeting with congressional leaders ended without a deal, potentially halting federal operations. Mixed economic news shows a decline in consumer confidence and Chicago PMI, but a rise in job openings. Corporate earnings expectations are bullish, with a 97% chance of a rate cut at the next FOMC meeting. Overseas markets are mixed, and T-notes are up due to stock weakness and inflation concerns. European bond yields vary, with Germany showing mixed economic data. Energy stocks are down, while chipmakers drive market support. Several stocks experience notable movements, with Spotify and TripAdvisor among the decliners. On the positive side, CoreWeave and Semtech see gains. Earnings reports from companies like Lamb Weston Holdings and Nike are anticipated.

Read more at Nasdaq: Stocks Post Modest Losses on Mixed US Economic News