Stocks are inching lower today amid continued deadlock in Washington.
S&P 500 futures are down fractionally, matching declines of less than half a percent in Europe. Asian markets posted small gains in the overnight session as Shanghai reopened after a week of holidays.
Volumes have been light in recent sessions as investors wait for politicians in the United States to resolve two key issues: passing a budget for the year that started this month and raising a debt ceiling by Oct. 17. So far there has been little sign of progress on either front, but the S&P 500 has remained within 3 percentage points of its all-time high reached last month.
— Option Monster