Stock index futures are pointing to a small rebound after stock prices dropped sharply on warnings,

higher interest rates could linger. I'm David Brancaccio in New York. First, a deal to keep

the U.S. government funded through the holidays and into the new administration has run into opposition

by that incoming administration. President-elect

Donald Trump and advisor Elon Musk are urging Republicans in Congress to vote down a government

funding extension. Marketplace's senior Washington correspondent, Kimberly Adams, is here

with more.

The CR, or continuing resolution, was a deal negotiated between House Speaker Mike Johnson and

Democrats in the House to prevent a government shutdown starting on Friday. With Republicans

in a slim majority, Johnson had to make some concessions to Democrats to get it done, and those

concessions drew the rebuke of not just Trump this week, but also Elon Musk, who's demonstrating

just how significant his role might be in the incoming administration. Trump and Musk complained

about the cost of the overall package, and in a surprising turn, Trump said in a social media

post he wants Republicans to raise the debt limit with the legislation as well, so that

issue isn't waiting for him when he takes office. So now, Republicans are scrambling to see what kind

of deal they can get done before Friday. In Washington, I'm Kimberly Adams for Marketplace.

The stock market threw a tantrum yesterday after the chair of the Federal Reserve suggested interest rates could stay higher for longer, given persistent inflation.

The S&P 500 fell 3%. The NASDAQ fell 3.6%. The Dow fell 1,123 points, 2.6%. This morning, I see signs from the futures market that the paroxysm of selling was overdone.

With Dow S&PN, NASDAQ futures all up between 3 and 4 tenths of 1%. It was the 10th day. The Dow has closed down in a row.

That is the longest string of down in half a century, 1974. The 10-year interest rate is up sharply as bonds tank. The 10-year

yield is up at 4.53 percent, and this will seem a distant memory, but around about mid-September,

the average 30-year fixed mortgage rate had dropped to 6.1 percent for a moment. Now, using

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