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Podcast: Bloomberg Daybreak: Asia Edition
Episode: Traders Weigh US Shutdown Risks, Gaza Peace Proposal
Description: Stocks posted modest gains on Monday as concerns mounted about a looming US government shutdown possibly delaying the release of key labor-market data that could provide clues about how fast the Federal Reserve will cut interest rates. Vice President JD Vance said he believes the US government is on track to shut down, seeking to pin the blame on Democrats one day before federal funding is set to lapse. "I think we're headed into a shutdown because the Democrats won't do the right thing," Vance said Monday following a meeting with congressional leaders at the White House. "I hope...