Stock Rally Stalls as Market Awaits Flurry of Economic Data

S&P 500 futures were falling 0.2% and Nasdaq 100 futures were dropping 0.4%. The Republican-led Senate late Monday passed a spending package to end the record-long government shutdown with support from some Democrats. “If the shutdown ends as expected tomorrow, we’ll then get a huge backlog of US data releases over the next few weeks,” wrote Deutsche Bank analyst Jim Reid in a research note.