NEW YORK (TheStreet) -- Here are 10 things you should know for Monday, Oct. 14:
1.-- U.S. stock futures suggested Wall Street would open lower Monday as the Thursday deadline to increase the U.S. debt ceiling loomed.
European stocks were trading mostly lower. Asian shares ended mixed in light trading. Markets in Japan and Hong Kong were closed for holidays on Monday.
2.-- The economic calendar in the U.S. Monday is empty. Stock markets remain open for Columbus Day but the bond market is closed.
4.-- The U.S. moved closer to default and a partial government shutdown entered its third week as Senate Democratic and Republican leaders remained at odds over spending in their last-ditch negotiations to end the budget crises.
Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., spoke by phone Sunday but failed to agree on a deal to raise the nation's borrowing authority above the $16.7 trillion debt limit or reopen a government still closed for a 14th day. Congress is racing the clock with Treasury Secretary Jack Lew warning that the U.S. will quickly exhaust its ability to pay its bills on Thursday.
5.-- Netflix (NFLX) is in talks with several U.S. pay-television providers including Comcast (CMCSA) and Suddenlink Communications to make its online video service available as an app on their set-top boxes, people familiar with the matter told The Wall Street Journal.
The talks are in early stages and no deal is imminent, the people told the Journal.