Shutdown is now Second longest in US history
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Investors on Wednesday are looking to see if equities can hit more record highs as the first of the Magnificent Seven stocks --- Tesla --- delivers earnings later in the day.
The government shutdown entered day 22 Wednesday, becoming the second-longest in U.S. history, with no tangible signs of progress toward a resolution. The Senate is expected to vote again on a short-term funding bill later today–for the 12th time–after failing to pass the measure on Monday.
The U.S. markets are now open, with stocks trading mostly flat. The Dow (+0.09%) and S&P 500 (+0.04%) are up just a few bips, while the Nasdaq (-0.05%) is declining. In small cap land, the Russell 2000 (-0.51%) is pulling back from a nearly 2% run yesterday; Gold is also erasing its fantastical gains from yesterday.
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