Trump Today: President raises specter of shutdown by calling "ridiculous" spending bill

Reuters

President Donald Trump called a "ridiculous" spending package in a tweet on Thursday, increasing the chances of a partial government shutdown at the end of the month, and also blew OPEC off the price petrol.

"RIDICULAR EXPENSE BALL"

Trump increased the chances for a government shutdown by labeling a "ridiculous" spending package, and imploring Republicans to "finally be tough" on the issue of border security and its proposed wall separating the United States and Mexico.

"I want to know, where is the money for border security and the wall in this ridiculous bill, and where will it come after the Midterms?" Asked Trump in a tweet. .

Republicans intend to push the border dispute until November 6, and the Senate passed a bill to keep the government in place until December 7. The House should follow up on the measure next week. tweet suggests not to sign it. Government operations are funded until September 30 and, without an invoice, a partial closure would result.

Lily: Trump opens government closure prospect – should investors worry?

TRUMP TEARS IN OPEC

Also on Twitter Trump has taken up a new goal at the Organization of the Petroleum Exporting Countries, saying the cartel "must now lower prices!"

As MarketWatch pointed out, his remarks preceded a closely monitored meeting in Algiers of a committee composed of representatives of OPEC countries and its outside allies. The November futures on the global Brent benchmark

LCOX8, -0.83%

turned down Thursday. John Kemp, a Reuters analyst, tweeted that Trump seems to want Brent prices "closer to $ 70 or less".

Look also: "Prices need to fall now," says Trump at OPEC

CONGRATULATIONS ON THE S & P FILE

Trump said "congratulations USA!" on Twitter as the S & P 500

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The index clinched a historic record at the opening on Thursday.

The Dow Jones Industrial Average

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also recorded its first intraday record in eight months on Thursday morning.