Luke Vargas
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But in a sign of potential stabilization, gold and silver prices have halted a slide that had gained steam over the weekend.
Here with more is Wall Street Journal markets reporter Chelsea Delaney.
Chelsea, bring us up to speed here.
A week ago, this metals rally had seemed practically unstoppable, but we've seen a big unwinding, to put it mildly.
What's going on?
As you mentioned at the top, this is really about metals.
Friday, truly a bloodbath for silver and gold, posting their worst one-day sell-off since the 1980s.
Though this seems to be affecting a lot of assets beyond silver and gold.
I mean, is there anything that's not selling off right now and why?
Is that kind of the reassurance probably many retail investors are looking for if they're worried, listening to all this, that a major correction is beginning to take shape?
That was Journal Markets reporter Chelsea Delaney.
Chelsea, thank you so much.
government is beginning the week partially shut down.
The Senate passed a funding package to keep the lights on late Friday, but the House still needs to approve it, and its success there is far from given.
House Minority Leader Democrat Hakeem Jeffries called the Senate deal, which extends Department of Homeland Security funding for two weeks,
in order to allow for talks on reining in enforcement operations a step in the right direction.
However, he said that many House Democrats believe that even two weeks of DHS funding is too much and are demanding a series of changes to DHS operations, as he explained on ABC's This Week with George Stephanopoulos.
Speaking on NBC News' Meet the Press, Republican House Majority Leader Mike Johnson called some of those requests reasonable, but pushed back on the requirement for judicial warrants, as well as calls for no masks.
Johnson will need to keep almost all Republicans on board to end the shutdown in the coming days.