Nathan Hager

And S&P futures are down 1.6% now, down about 100 points.

Dow futures are lower by 1.4%.

That's a drop of more than 640 points.

NASDAQ futures are down 2%.

The 10-year Treasury yield is up five basis points to 4.37%, and COMEX Gold is down 3.5%, trading above $4,600 an ounce.

It's an early morning on Capitol Hill.

The Senate has once again unanimously passed a measure to fund all of the Homeland Security Department except for immigration enforcement.

It puts the ball back in the House's court after Republicans there rejected the same bill last week.

The chambers may be overcoming their differences on the Republican side, though, as we hear from Bloomberg's Amy Morris in Washington.

Bloomberg's Amy Morris reports President Trump called for that bill to reach his desk by that deadline in a social media post.

The House could vote on the DHS funding measure.

later this morning.

President Trump is set to release his 2027 budget request tomorrow.

The wish list is expected to frame Republicans' midterm message around a massive defense buildup partially paid for by cuts to entitlements and other government agencies.

The president could face resistance from within his own party on cuts to health and science agencies that Congress rejected last year.

President Trump ended his first term with $7.8 trillion in added debt

The 2027 proposal should give an update to 10-year deficit projections that currently stand around $16 trillion.

President Trump may be considering another major change to his cabinet.

The New York Times is among outlets reporting the president's discussed firing Attorney General Pam Bondi.

We get that story from Bloomberg's Monica Ricks.