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Dow Jones Slumps ahead of Government Reopening Vote

Dow Jones Slumps ahead of Government Reopening Vote

The Dow Jones (DJIA) remains weak, opening Friday’s trading session down by 0.50% ahead of a vote to reopen the government on the 38th day of the shutdown.

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The Senate will meet at noon and is set to later vote on a government reopening bill for the 15th time since the shutdown began on October 1. The bill would extend government funding to November 21 and includes a Republican pledge on a future vote to extend Affordable Care Act (ACA) healthcare subsidies.

Trump Reiterates Support for Ending Filibuster

Ahead of the vote, President Trump once again called for an end to the filibuster rule, which requires most bills to receive 60 out of 100 votes in the Senate in order to pass.

“Republicans, Terminate the Filibuster and bring back the American Dream,” Trump said in a Truth Social post. “If you don’t do it, the Dems will, and you’ll never see office again!” Ending the filibuster would allow a Republican-controlled Senate to pass bills with a simple majority.

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