US stocks open the week higher as investors brace for a potential government shutdown if Congress fails to pass a short-term funding bill by tomorrow night. A shutdown could delay key economic reports, including Friday’s jobs data, and the Trump administration has threatened permanent layoffs for federal workers. Electronic Arts (EA) agreed to go private in a $55B leveraged buyout, the largest LBO ever, sending shares higher. President Trump announced sweeping tariffs set to take effect this week, including 100% duties on foreign-made movies alongside earlier measures on pharmaceuticals, furniture, and trucks. CSX (CSX) CEO Joe Hinrichs abruptly resigned amid activist pressure, with Steve Angel named as successor. Pot stocks, including Tilray (⁠TLRY⁠) and Canopy Growth (⁠CGC⁠), rallied after Trump touted hemp-derived CBD for seniors.

Takeaways:

Government shutdown risk rises; federal worker layoffs possible

EA agrees to $55B buyout, marking the largest LBO in history

Trump tariffs expand to include 100% duties on foreign films

CSX CEO exits under activist pressure; pot stocks jump on CBD push

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