$Sea Ltd(SE)$ Sea Ltd. (SE) is a Singaporean technology company that specializes in gaming, e-commerce, and digital financial services. The company's flagship products are Shopee, a leading e-commerce platform in Southeast Asia, and Garena, a popular online gaming company. Sea Ltd.'s stock price reached its highest peak on October 19, 2021, at $378.83 per share. This gave the company a market capitalization of over $100 billion, making it the largest company in Singapore by market capitalization. The company's stock price has since declined by over 60%, as the overall stock market has corrected in 2022. However, Sea Ltd. remains a valuable company, with a market capitalization of over $40 billion. Factors Contributing to Sea Ltd.'s Success The
Government Shutdowns A government shutdown occurs when Congress fails to pass a budget bill on time, or when it cannot agree on a spending bill to keep the government running. During a shutdown, all non-essential government services are suspended, and federal employees are either furloughed (placed on temporary unpaid leave) or required to work without pay. Impact on the $S&P 500(.SPX)$ The impact of a government shutdown on the S&P is difficult to predict, as it depends on a number of factors, including the length of the shutdown, the sectors of the economy that are affected, and the overall state of the economy. However, historically, government shutdowns have not had a significant impact on the S&