Overview

• President Donald Trump said the United States is probably headed for a government shutdown absent a last-minute funding deal.
• The S&P 500 gained 0.4%, the Dow rose 0.2% to a record close, and the Nasdaq added 0.3% after a late-session rebound.
• Gold briefly set an intraday record near $3,871 per ounce as the dollar weakened and investors sought safety.
• The Labor Department’s JOLTS report showed job openings rose marginally in August while hiring declined, and a shutdown would postpone Friday’s employment data that Fed officials say are crucial for any further rate cuts.
• Pfizer shares advanced after the company agreed to steep discounts on certain drugs in a deal that secured a three-year tariff reprieve and included pledges of major U.S. investment.