An economic data blackout during the shutdown this week is also top of mind, as the September nonfarm payrolls report will not be released on Friday given the Labor Department’s pause on virtually all activity.
The Federal Reserve is expected announce an interest rate cut at its upcoming October meeting after Wednesday morning’s ADP data reflected a drop in private payrolls last month, and as further ramifications of the ongoing shutdown remain to be seen.
source: cnbc.com
