Markets Cautious as U.S. Shutdown Looms; EA Buyout

U.S. stocks opened mostly higher Monday—S&P 500 up roughly 0.4%, Nasdaq about 0.6% and the Dow modestly—as markets clawed back late‑week losses and hovered near record highs even as lawmakers face a Wednesday funding deadline that could trigger a partial U.S. government shutdown. A shutdown could delay the September jobs report due Friday and other key data that the Federal Reserve relies on, complicating the Fed’s data‑dependent policy path and slightly tempering odds of an October rate cut; a slate of Fed officials' comments this week adds to an event‑packed calendar. Corporate headlines also buoyed markets: Electronic Arts surged after agreeing to be taken private in a large buyout, and deal and sector‑specific news lifted some biotech and cannabis names. The 10‑year Treasury yield eased to around 4.17%, analysts say a short shutdown would likely have only a modest near‑term economic impact, and Asian markets likewise nudged higher as the dollar softened.