Down futures slipped following reports of rising

Down futures slipped following reports of rising credit default swaps on select corporate debt. Such metrics often precede equity volatility, with traders eyeing financial sector resilience closely. The quiet trading came as a midnight deadline approached, when the U.S. government could shut down because of Washington’s latest political impasse. That’s because history has shown that past shutdowns have had limited impact on the economy and stock market, and many economists and professional investors expect something similar this time around. The SPDR Dow Jones Industrial Average ETF (DIA) is an exchange-traded fund designed to track the movement of the Dow Jones. As a result, DIA is rising alongside the Dow Jones today. Down futures are down after Fed officials signaled “data-dependent” policy staying restrictive in the near term. This stance tempers bullish sentiment and sustains elevated volatility for cyclical stocks.