Shutdown hits equities as deadlock in Washington continues.

European shares and U.S. stock futures were mostly lower at the time of writing as investors started to get more than a tad concerned that the government shutdown in America might drag on for longer than expected, especially with the first day of the closure ending with no agreement over the federal budget in sight. What the impasse means for raising the debt ceiling is also a worry. Gold was higher, oil lower and 10-year Treasury yields almost unchanged.