Stocks edge lower, writers strike deal, shutdown concerns, Amazon, HP

^{Five things you need to know before the market opens on Monday September 25:}

1. -- Stocks test 2-month lows as global markets adapt to 'higher for longer' Fed rates

Stocks are hovering near the lowest levels in two months, with the dollar extending gains and Treasury yields nudging near new cycle highs, as markets adapt to the new 'higher for longer' Fed rate reality.

2. -- Hollywood writers reach tentative strike deal with studios; media stocks higher

The Writers Guild of America has reached a tentative deal with Hollywood studios that could end a months-long strike that has crippled movie and television production.

3. -- Government shutdown looms as Speaker McCarthy takes final shot at budget bill

Speaker McCarthy faces a key five-day test to bring his Republican party together and pass a budget bill that will keep the Federal government running for the next fiscal year.

4. -- Amazon kick-starts AI cloud ramp with $4 billion investment in Anthropic

Amazon is looking to close the AI gap on its big tech rivals Google and Microsoft with a potential $4 billion investment in San Francisco-based startup Anthropic.

5. -- HP slumps lower as Warren Buffett trims stake after muted Q3 earnings

Billionaire investor Warren Buffett continues to trim his stake in PC maker HP following the group's disappointing third earnings last month.