Futures are up on the government shutdown. As odd as it may seem, premarket action is pointing green. Here at the Nasdaq, the composite index has been up about a-quarter percent. Of course yesterday was not so pleasant with the Dow suffering a triple digit drop ahead of the shutdown. As for that shutdown here's the latest: about 800,000 government workers will be furloughed today. More will be asked to work without pay. Many government activities like IRS audits and surveillance for flu outbreaks will be suspended. But essential functions like law enforcement and air-traffic control will continue. For more on the shutdown and thoughts on how the market might react watch the video above featuring show host Lauren Lyster and Yahoo Finance Columnist Rick Newman.
Warren Buffett is set to make a major Goldman Sachs (GS) grab today. Buffett's Berkshire Hathaway (BRK-A) is expected to exchange warrants that will make him the company's sixth largest shareholder. He acquired the warrants fiveRead More »from U.S. government shutdown: How to play the market; what to expect next