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 1:44 PM
Updated: Dec 21, 2017 1:44 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

Minnesota Coronavirus Cases

Data is updated nightly.

Cases: 585677

Reported Deaths: 7309
CountyCasesDeaths
Hennepin1214151720
Ramsey50647870
Dakota45309445
Anoka41050434
Washington26510280
Stearns22001221
St. Louis17598302
Scott17081124
Wright15800137
Olmsted1314197
Sherburne1149085
Carver1037345
Clay809992
Rice7978106
Blue Earth742641
Crow Wing655888
Kandiyohi649182
Chisago585851
Otter Tail570178
Benton562397
Goodhue473572
Mower462532
Douglas461874
Winona451250
Itasca424353
McLeod419158
Morrison415460
Isanti412563
Nobles407048
Beltrami389458
Steele382715
Polk381068
Becker376950
Lyon358750
Carlton341453
Freeborn340229
Pine325121
Nicollet321743
Brown303840
Mille Lacs298952
Le Sueur287022
Todd279132
Cass266928
Meeker252040
Waseca236022
Martin229131
Roseau206719
Wabasha20423
Hubbard185341
Dodge18253
Renville178443
Redwood171736
Houston170515
Cottonwood163221
Fillmore154710
Wadena153821
Pennington153419
Chippewa151538
Faribault150419
Kanabec142924
Sibley142010
Aitkin133436
Watonwan13139
Rock127719
Jackson121511
Pipestone114526
Yellow Medicine113820
Pope10876
Murray10609
Swift104518
Stevens89511
Marshall87617
Clearwater85916
Koochiching81615
Lake80619
Wilkin80312
Lac qui Parle75022
Big Stone5954
Lincoln5763
Grant5668
Mahnomen5418
Norman5379
Unassigned48993
Kittson48322
Red Lake3957
Traverse3685
Lake of the Woods3193
Cook1560

Iowa Coronavirus Cases

Data is updated nightly.

Cases: 365306

Reported Deaths: 5923
CountyCasesDeaths
Polk57333622
Linn20748334
Scott19856240
Black Hawk15765308
Woodbury15097228
Johnson1442583
Dubuque13333209
Dallas1112998
Pottawattamie11060168
Story1056248
Warren574288
Clinton552492
Cerro Gordo536989
Sioux512974
Webster511193
Marshall481375
Muscatine475399
Des Moines452366
Wapello4286122
Buena Vista424040
Jasper417271
Plymouth400380
Lee373855
Marion360775
Jones297257
Henry290837
Carroll285052
Bremer283260
Crawford265940
Boone263234
Benton255455
Washington253550
Dickinson247643
Mahaska229451
Jackson220942
Kossuth215164
Clay214925
Tama209071
Delaware208240
Winneshiek196833
Page192522
Buchanan190531
Cedar188923
Hardin184843
Fayette184741
Wright183936
Hamilton179249
Harrison179173
Clayton169256
Butler164334
Mills161422
Madison160819
Floyd160042
Cherokee158438
Lyon157541
Poweshiek154733
Allamakee150551
Iowa148224
Hancock146934
Winnebago141231
Cass137854
Calhoun136913
Grundy136133
Emmet133940
Jefferson132235
Shelby130537
Sac130019
Appanoose128048
Union128033
Louisa127849
Mitchell125742
Chickasaw123815
Guthrie120829
Humboldt118826
Franklin117721
Palo Alto112323
Howard104222
Montgomery102838
Clarke99824
Unassigned9760
Keokuk95531
Monroe95129
Ida90234
Adair86232
Pocahontas85222
Monona82830
Davis82324
Osceola77916
Greene77610
Lucas77123
Worth7388
Taylor65712
Fremont6229
Decatur6069
Van Buren55718
Ringgold55524
Wayne53423
Audubon50710
Adams3384
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