Stock market today: Dow, S&P 500, Nasdaq futures slip as longest government shutdown in history nears end

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Stock market today: Dow, S&P 500, Nasdaq futures slip as longest government shutdown in history nears end
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US stock futures slipped late Wednesday with traders eyeing the end of the longest government shutdown in US history. The bill that would provide an end of the political funding stalemate is set to be voted on Wednesday evening.

Futures attached to the Dow Jones Industrial Average (YM=F) nudged down 0.1%. Contracts tied to the S&P 500 (ES=F) and Nasdaq 100 (NQ=F) crept down 0.2%.

CBOT - Delayed Quote•USD

(YM=F)

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48,327.00

-41.00

(-0.08%)

As of 6:32:52 PM EST. Market Open. YM=FES=F NQ=F

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A bill ending the record-length 43-day government shutdown looks set to be passed into law following the Senate's approval earlier this week. The House is set to vote Wednesday evening, with the White House signaling President Trump would sign the measure soon afterward.

The shutdown has shaken financial markets and is estimated to have long-reaching effects, with an analysis from the Congressional Budget Office suggested that US GDP could be roughly $11 billion lower by the end of 2026.

Government data is a point of concern for investors in the aftermath of the shutdown, as many of the reports initially delayed by the closure "will be permanently impaired," the White House said Wednesday. The Consumer Price Index and jobs report for October are set to be the key releases impacted.

The major gauges told a mixed story during Wednesday's trade, with the Dow Jones Industrial Average (^DJI) closing above 48,000 for the first time ever. The S&P 500 (^GSPC) nudged higher, while the tech-heavy Nasdaq Composite (^IXIC) fell.

Though the vast majority of Q3 earnings reports have been released, investors will parse results from Disney (DIS) before the bell on Thursday.

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