Stocks in New York are expected to fall on Monday due to concerns over a potential government shutdown

  • Dow Jones Industrial Average futures are down 0.1%, while S&P 500 and Nasdaq Composite futures have also fallen 0.1%.
  • House GOP leadership has proposed a temporary funding extension to keep the government open until January.
  • Notable earnings releases this week include Tower Semiconductor, Tyson Foods, Home Depot, Advance Auto Parts, Cisco Systems, Palo Alto Networks, Target, TJX Cos., Alibaba Group Holding, Applied Materials, Bath and Body Works, Gap, Macy’s, Ross Stores, Walmart, Warner Music Group, Williams-Sonoma, and BJ’s Wholesale Club.
  • Key economic events include the release of the consumer price index, small business optimism index, retail sales, producer price index, housing market index, and initial unemployment benefits claims.