Stock futures were sliding and gold clinched yet another all-time high early Tuesday, with investors on edge about a potential government shutdown.
Futures tracking the Dow Jones Industrial Average were down 80 points, or 0.2%. S&P 500 futures slid 0.2%, and contracts tied to the tech-heavy Nasdaq 100 also fell 0.2%.
The most actively-traded gold futures contract was up 0.7% to $3,883 an ounce, having been as high as $3,899 an ounce in earlier trading. The dollar slid 0.2% against a weighted basket of its peers, and the yield on the benchmark 10-year U.S. Treasury note dropped 1 basis point to 4.13%.
If congressional leaders can’t agree to pass a short-term funding measure by 12.01 a.m. Eastern time on Wednesday, the government will shut down. That would delay the release of the Bureau of Labor Statistics’ monthly jobs report, which could have a knock-on effect on markets, seeing as investors are still uncertain about whether the…
