A strong year for initial public offerings on Wall Street has fizzled out due to the government shutdown and a cautious turn by investors.

The U.S. government shutdown could raise a caution flag for private companies considering a move to the public market for investors.

U.S. Immigration and Customs Enforcement officials are in Florida with Gov. Ron DeSantis to praise a week long operation that netted 1,120 arrests of people they say were in the country illegally.