Dow futures slip marginally lower; hawkish Fed, budget woes weigh
Also weighing on sentiment is the ongoing budget stand-off, with the federal government set to run out of funding for its operations at the start of October.
Washington's latest budgetary showdown comes only a few months after a battle over the U.S. debt limit almost brought the world's largest economy to the brink of a damaging default.In corporate news, Amazon said on Monday that it is aiming to invest up to $4 billion in artificial intelligence group Anthropic, as the tech giant looks to bolster its position in the corporate arms race over nascent AI technology.
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