Market Insider

After the Fed, Street watching Congress

How government shutdown may affect stocks
Sen. Toomey: Shutdown unlikely, expect extension
Obama: Last govt shutdown cost billions

The possibility of a government shutdown is creeping up the list of issues that could pressure markets.

With the Federal Reserve's September meeting soon to be out of the way, Wall Street's attention could turn to the debate in Congress over the budget and debt ceiling.

Strategists note two key time frames investors should watch: the end of the fiscal year on Sept. 30 and the debt ceiling debate from mid-November to the end of the calendar year.