Good morning. Today is Friday, December 20th, I'm Rina Sherble, filling in for Julie Morgan.

Our top stories today, Trump threatens EU with tariffs, turmoil hits Capitol Hill, and EU approves

NVIDIA acquisition. Stock Index futures tumbled on Friday after a spending bill backed by

President-elect Donald Trump was voted down in the U.S. House of Representatives further

fueling concerns of a government shutdown. Investors also eagerly awaited the release of the Fed's

most preferred inflation measure, November's PCE Personal Consumption Expenditures Price Index Report,

scheduled for release later today. SMP 500, NASDAQ 100, and Dow Futures are all down. The 10-year

treasury yield fell two basis points to

4.55 percent. The two-year treasury yield fell three basis points to just under 4.3 percent. Deutsche

banks Jim Reed said, the big question now is whether a U.S. government shutdown is about to happen.

The latest bill proposed to suspend the debt ceiling and also extend government funding.

It was voted down by 235 votes to 174.

The funding is set to expire on Friday night.

UBS's Paul Donovan said,

A short-lived shutdown affects government workers, but has

limited economic impact. The longer a shutdown last, the more disruptive it is to the U.S.

economy. Economic data may not get published in a shutdown. Wall Street's bounce back on Thursday

followed its worst session in over three months, ran out of steam in the

final hour of trading. Jim Reed said, for those wanting a quiet run-up to Christmas, the good

news is that there hasn't been any real follow-through to the Fed-induced slump on Wednesday. The bad

news is that in initial recovery in markets struggled to gain traction yesterday. As I said, traders are keeping an eye on the

November PCE price index data. Core PCE is expected to come in at 0.2% month over month and 2.9% year

...