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Shutdown threat; Catalonia vote; Brexit bites

1. Shutdown for Christmas? Republicans scored a big win this week by passing a sweeping overhaul of ...

Posted: Dec 21, 2017 2:44 PM
Updated: Dec 21, 2017 2:44 PM

1. Shutdown for Christmas? Republicans scored a big win this week by passing a sweeping overhaul of the U.S. tax system.

But they'll need to act quickly to avoid a government shutdown.

Congress must pass a stopgap funding bill before midnight on Friday, or risk an embarrassing closure of government agencies.

Republicans in the House and Senate -- who have competing legislative priorities -- were still at loggerheads over a potential deal on Wednesday evening.

One potential outcome is another short-term budget extension that will keep funding at current levels.

2. Election in Catalonia: The Spanish autonomous region of Catalonia will choose a new local government on Thursday.

The vote was called in October when Madrid took control the Catalan government after lawmakers there made a unilateral declaration of independence.

The saga has taken a toll on Spanish markets and revived fears about the stability of the eurozone.

3. Brexit weakness: The number of cars manufactured in Britain fell 4.6% in November, according to the Society of Motor Manufacturers and Traders.

Domestic demand for cars declined more than 28% from the previous year, while exports rose 1.3%.

The industry group blamed a lack of clarity over Brexit for the weakness.

The British government has not said what kind of a trade deal will it seek with the EU -- its biggest trading partner -- after it leaves the bloc in March 2019.

4. Global market overview: U.S. stock futures were flat.

European markets opened lower, while Asian markets ended mixed.

U.S. markets closed slightly lower on Wednesday. The Dow Jones industrial average and the S&P 500 shed 0.1%, while the Nasdaq was little changed.

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5. Earnings and economics: CarMax, ConAgra and Finish Line will publish earnings before the open. NIKE will follow after the close.

The final estimate of third quarter U.S. GDP will be released at 8:30 a.m. ET. Economists are expecting growth of 3.3%.

U.S. data on initial claims will be published at the same time.

The Bank of Japan left key interest rates unchanged at its meeting.

Download CNN MoneyStream for up-to-the-minute market data and news

6. Coming this week:
Thursday --
Nike earnings; Final estimate on 3Q U.S. GDP
Friday --
El Gordo lottery in Spain

Indiana Coronavirus Cases

Data is updated nightly.

Cases: 918230

Reported Deaths: 15011
CountyCasesDeaths
Marion1252491952
Lake623371084
Allen52301746
Hamilton43009443
St. Joseph41155584
Elkhart32831485
Vanderburgh29698436
Tippecanoe26442247
Johnson23106414
Hendricks21708338
Porter21255340
Clark16988222
Madison16899378
Vigo15562272
Monroe14186190
LaPorte13961235
Delaware13613215
Howard13531258
Kosciusko11150134
Hancock10534159
Warrick10431174
Bartholomew10233166
Floyd10099202
Wayne9557216
Grant8858194
Morgan8654158
Boone8231109
Dubois7521123
Henry7391126
Dearborn734186
Noble7208100
Marshall7168127
Cass7060117
Lawrence6803150
Jackson638980
Shelby6386106
Gibson5999105
Harrison587984
Huntington586490
Montgomery5663101
DeKalb555691
Knox532999
Miami523183
Clinton522464
Putnam519067
Whitley509851
Steuben480267
Wabash470192
Jasper465760
Jefferson456091
Ripley439074
Adams435565
Daviess4008106
Scott389563
White383457
Decatur376895
Clay376455
Greene375589
Wells375183
Fayette363074
Posey351841
Jennings341756
Washington324046
LaGrange312074
Spencer310734
Fountain306553
Randolph302087
Sullivan294947
Owen275961
Orange269659
Starke268961
Fulton264451
Jay248134
Perry244950
Carroll239926
Franklin229337
Vermillion225850
Rush225530
Parke212020
Tipton205354
Pike200938
Blackford163834
Pulaski155250
Crawford140818
Benton138316
Newton138141
Brown130646
Martin124416
Switzerland122310
Warren112616
Union92211
Ohio75811
Unassigned0461

Ohio Coronavirus Cases

Data is updated nightly.

Cases: 1319265

Reported Deaths: 21265
CountyCasesDeaths
Franklin1480641537
Cuyahoga1311202313
Hamilton948871307
Montgomery647451122
Summit548531041
Lucas49502853
Butler45993649
Stark39954963
Lorain30438525
Warren29170326
Mahoning25988629
Clermont24726278
Lake24088411
Delaware21722140
Licking19822239
Fairfield19780218
Greene19671266
Medina19208285
Trumbull19195506
Clark17188321
Portage15585224
Richland15540228
Wood15187208
Allen13654254
Miami13283244
Muskingum11821148
Wayne11448234
Columbiana11100239
Tuscarawas10388264
Marion10273144
Pickaway10162128
Scioto9766124
Erie9479170
Ross8979172
Lawrence8225116
Hancock8105140
Ashtabula8083184
Geauga7976155
Belmont7791183
Jefferson7093168
Huron7087125
Union703549
Washington6823116
Athens666163
Sandusky6608132
Darke6394135
Knox6308120
Seneca6113135
Auglaize569888
Ashland5631110
Shelby555799
Mercer545188
Brown533067
Defiance5278100
Madison527368
Crawford5148113
Highland514876
Fulton508781
Clinton505379
Logan494582
Preble4788110
Putnam4733106
Guernsey439057
Williams437281
Champaign426463
Ottawa425783
Perry414051
Jackson402259
Pike367140
Morrow359149
Fayette353951
Coshocton345064
Hardin341868
Adams338864
Gallia329254
Holmes3148107
Henry312668
Van Wert299269
Hocking280467
Wyandot271858
Carroll250451
Paulding231742
Meigs197842
Monroe178649
Noble160340
Morgan153528
Harrison145740
Vinton130217
Unassigned05
Fort Wayne
Clear
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Hi: 81° Lo: 54°
Feels Like: 54°
Angola
Clear
52° wxIcon
Hi: 79° Lo: 55°
Feels Like: 52°
Huntington
Partly Cloudy
52° wxIcon
Hi: 80° Lo: 52°
Feels Like: 52°
Decatur
Clear
54° wxIcon
Hi: 81° Lo: 53°
Feels Like: 54°
Van Wert
Partly Cloudy
55° wxIcon
Hi: 81° Lo: 53°
Feels Like: 55°
An area of high pressure will pave the way to plenty of sunshine as we round out the work week.
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