Major stock indexes erased early declines to close higher for a fourth consecutive session Wednesday, shaking off a U.S. government shutdown and a surprising decrease in private-sector jobs.

U.S. stock futures were lower Wednesday morning after ADP said private payrolls unexpectedly declined in September by 32,000 and employment fell for the third time in four months. The Dow Jones Industrial Average futures were falling 150 points,

The S&P 500 and Nasdaq are rising in premarket trading. Treasury yields are up and Bitcoin prices are climbing.

By Niket Nishant and Sukriti Gupta (Reuters) -Wall Street futures slid on Wednesday after the deep partisan rift in Washington led to a federal government shutdown that risks delaying crucial economic data and could potentially muddy the Federal Reserve's policy-easing outlook.

Betting odds for a government shutdown rose sharply after a White House meeting with the two parties’ Congressional leaders failed to yield a deal.

U.S. stock futures advanced, touching their highest levels of Friday's session, after the latest reading on the Federal Reserve's preferred inflation gauge showed only a modest increase in prices. The headline PCE Price Index was 0.

The US government shut down after a midnight funding deadline as President Donald Trump and Congressional Democrats clashed over health-care spending. With key economic reports on hold, traders fear the loss of visibility will leave markets in the dark on the outlook for monetary policy.

The government shutdown enters a second day. Follow along for live updates on the market reaction and track the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

GIFT Nifty traded flat, indicating a muted start for Indian indices. Asian markets are also mixed, and the US futures traded lower.