Stocks Churn as US Job Cuts Jump; US Reduces 10% of Flights on Shutdown

The US dollar weakens as the latest Challenger job cuts data increased to a 7-month high, raising bets for a December rate cut by the Federal Reserve. The US plans to reduce 10% of flights as the government shutdown drags on. The full effect of President Trump's global tariffs remain in limbo as the US Supreme Court shows skepticism regarding the president's powers to impose his signature levies. Aneeka Gupta of WisdomTree takes a closer look into the US labor market.