0708 ET - U.S. stock futures sink after lawmakers fail to reach a funding deal, triggering a government shutdown that's expected to halt some federal services and put hundreds of thousands of federal workers on furlough. Trump administration officials have said they plan to use the shutdown to trim the size of government, moving to cut jobs across agencies. The Bureau of Labor Statistics won't issue any economic reports during a government shutdown, the Labor Department said in a contingency document issued Friday. That likely means no September jobs report Friday morning. Those figures are closely watched on Wall Street to measure the strength of the economy. If prolonged, a shutdown could also delay the release of the next consumer-price index report, due Oct. 15--one of the data series that give traders and investors a view into inflation trends. S&P futures are off 38 points. (patrick.sheridan@wsj.com)
(END) Dow Jones Newswires
October 01, 2025 07:08 ET (11:08 GMT)
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