Overview

• Major U.S. indexes and futures rose Monday, led by large-cap tech, even as investors tracked budget talks that could halt government operations this week.
• Funding lapses as early as Wednesday could suspend publication of official indicators, with the Labor Department preparing for a possible delay to Friday’s jobs report.
• Markets continue to price high odds of a 25-basis-point rate cut next month, while Cleveland Fed President Beth Hammack emphasized keeping policy restrictive to contain inflation.
• Gold hit fresh records above $3,800 an ounce as a haven trade took hold, while crude fell on signals OPEC+ may raise output and the dollar eased.
• Sector moves reflected policy headlines, with cannabis stocks jumping after President Trump promoted hemp-derived CBD and selective tariff plans lifting specific industrial and pharma names.