President Joe Biden sounded optimistic about the odds of reaching a Deal with Republicans to raise or suspend the debt limit in time to avoid economic fallout from even a potential U.S. debt default. Leaders are meeting for a third time this weekend to try to reach a deal. The GOP's proposed cuts to federal spending are not acceptable to Democrats, but Biden said he would be open to specific proposals from the Republicans. Dow futures rose early Monday morning on the hopes that a deal would be reached.

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