Stocks Waver Ahead of UMich. Data; Shutdown Flight Cancellations Begin | Bloomberg Brief 11/07/2025

US equity futures struggle for direction at the end of a volatile week as investors await the latest University of Michigan sentiment data. US airlines begin canceling flights as the government shutdown drags on. Tesla shareholders approve a $1 trillion pay package for CEO Elon Musk, making it the largest payout ever awarded to a corporate leader. Veronica Clark of Citi discusses this week’s labor market data. (Source: Bloomberg)