Stocks Slump on Reduced Fed Rate Cut Chances

As expected, President Trump signed legislation Wednesday evening that ended the longest US government shutdown in history. The bill provides full-year funding for some departments, funds other agencies through January 30, and includes pay for furloughed government workers. The bill also resumes federal payments to states and localities and recalls agency employees who were laid off during the shutdown.Wednesday evening, Boston Fed President Susan Collins said, "It will likely be appropriate to keep policy ...