Uncertainty could plague stock market even if government avoids shutdown this week

The U.S. Capitol Building is seen on July 23, 2021 in Washington, DC.
Kevin Dietsch | Getty Images

Odds are good markets could look past a government shutdown if Congress fails to act this week, but the longer-term debt ceiling debate creates uncertainty and could hang like a cloud over markets until it's resolved.

More In Pro Insight

CNBC ProHedge funds have flipped to a value strategy, Goldman says. Here's what they like
CNBC ProSell-off is a golden opportunity to pick up these secular tech winners, analyst Dan Ives says
CNBC ProPlaying defense: These stocks do well when Covid fears flare up again