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Inside the Market

Before the bell: U.S. budget deal fails to ignite relief rally

The Before the Bell report is constantly updated to reflect the latest news developments and market moves in the premarket. Check back later for updates.

Soon after Wall Street breathed a collective sigh of relief that the Volcker Rule on bank trading wasn’t as restrictive as some had feared, there’s more sighs over an agreement on the U.S. budget: Rep. Paul Ryan and Sen. Patty Murray agreed on a 2014 budget deal that should prevent any government shut down in early 2014. President Barack Obama has already praised the deal.