Partisanship is as bad as it gets, meaning raising the $17 trillion borrowing limit may be tougher than expected, POLITICO's Ben White says.» Read More
*Unexpected drop in exports from China weigh on global equities. *Expedia shares plunge after Deutsche Bank downgrade.
*Unexpected drop in exports from China weigh on global equities. NEW YORK, Oct 14- Wall Street was set for a lower open on Monday, focused on events in Washington after weekend talks between Republicans and Democrats showed some progress but left alive the risk of a possible U.S. default in three days, pressuring stocks.
The expectation that a debt deal may be forthcoming from talks in the Senate is "very possible," Sen. Bob Corker told CNBC.
*Unexpected drop in exports from China weigh on global equities. Senate Majority Leader Harry Reid and Republican leader Mitch McConnell held talks that Reid later called "substantive." Both the Senate and House are scheduled to be in session on Monday, even though it is the Columbus Day federal holiday.
*Unexpected drop in exports from China weigh on global equities. NEW YORK, Oct 14- U.S. stock index futures fell on Monday as continuous gridlock in Washington was likely to resume selling pressure in equities as there were no guarantees the federal government shutdown was about to end or that a historic debt default would be avoided.
LONDON, Oct 14- European equities were little changed on Monday as weakness in technology shares, after a warning from Dassault on revenue growth, offset gains in defensive stocks. Concerns about any impact from the U.S. budget impasse and fears of slower growth in China hurt cyclicals most.
LONDON, Oct 14- European shares held steady early on Monday, with investors taking a cautious stance after U.S. politicians failed over the weekend to resolve budget issues and the world's biggest economy moved closer towards a debt default.
LONDON, Oct 14- The dollar slipped on Monday and the yen gained on safe-haven demand over concerns the United States might default on its debt as lawmakers struggled to reach a deal on raising its borrowing facility ahead of this week's deadline. The dollar slipped 0.3 percent to 98.26 yen, having touched a low of about 98.05 yen earlier in the day.
SINGAPORE/ WELLINGTON, Oct 14- The dollar fell on Monday while the yen rose on safe-haven demand due to concerns the United States may default on its debts as lawmakers negotiate a deal to raise its borrowing facility ahead of a deadline this week.
WASHINGTON, Oct 13- Senate negotiations to bring a boiling fiscal crisis to an end showed signs of progress on Sunday, but there were no guarantees that the U.S. federal government shutdown was about to end or that a historic default would be avoided.
WASHINGTON, Oct 13- Senate Majority Leader Harry Reid said on Sunday that he had a "productive conversation" with Senate Republican leader Mitch McConnell on efforts to reopen the U.S. government and raise the federal debt limit. "Our discussions were substantive, and we'll continue those discussions.
WASHINGTON, Oct 13- Senate Majority Harry Reid said Sunday that he was engaged in negotiations with Republican Minority Leader Mitch McConnell and was "confident" they could resolve the fiscal crisis confronting Washington. "We're in conversation today," Reid said on the Senate floor.
WASHINGTON, Oct 13- President Barack Obama will stay out of the public eye on Sunday as Senate leaders try to work out an elusive deal ahead of a Thursday deadline for lifting the U.S. government debt ceiling ahead of Thursday's deadline.
WASHINGTON, Oct 13- U.S. lawmakers voiced tentative optimism Sunday that fiscal crisis talks between Senate leaders would pave the way to a deal to avert a government default and reopen the government, but Democrats and Republicans remained far apart on details.
WASHINGTON, Oct 12- Congressional negotiations to end a U.S. fiscal crisis gripping Washington and spooking financial markets hung by a thread on Saturday after bipartisan talks broke down in the House of Representatives and shifted to Senate leaders.
*Focus turns to Senate negotiations. WASHINGTON, Oct 12- Congressional negotiations to end a U.S. fiscal crisis that has gripped Washington and spooked financial markets hung by a thread on Saturday after they broke down in the House of Representatives and were in preliminary stages in the Senate.
*No deal yet, White House wary of six-week debt extension. WASHINGTON, Oct 11- President Barack Obama and congressional Republican leaders inched toward resolving their fiscal impasse on Friday, but struggled to agree on the length and terms of a short-term deal to increase the U.S. debt limit and reopen the government.
*No deal yet, White House wary of six-week debt extension. Obama met Senate Republicans at the White House and spoke by phone to House of Representatives Speaker John Boehner as negotiations intensified to find a way to get federal workers back on the job and extend the government's borrowing authority past the Oct. 17 limit.
The "Fast Money" traders discuss the current market environment, and how investors should play stocks come Monday.
NBC's Luke Russert reports GOP leadership aids are concerned over a difference in opinions between Harry Reid and President Obama.