The S&P 500 futures currently 13 trade points below fair value.
Vice President JD Vance and House Speaker Mike Johnson have both expressed doubt that a government shutdown can be avoided, as the government funding deadline is set to expire at midnight tonight.
In corporate news, EchoStar (SATS 89.15, +5.50, +7.4%) trades higher in the pre-market after Bloomberg reported that Verizon (VZ 43.25, +0.00, +0.0%) is in talks to purchase the company's 5G spectrum.