Category Archives: U.S. Debt Ceiling

Debt drama drags on

Stocks got off to a strong start Thursday, aided by the first report of initial jobless claims below 400k since April, but the gains were frittered away in afternoon trading as the government debt debate in Washington slouched toward its … Continue reading

Posted in U.S. Debt Ceiling

Stocks retreat with no Treasury debt deal in sight

The Dow Jones Industrial Average fell for a third day in a row, with today’s retreat led by the diversified industrial company 3M, which reported Q2 earnings in line with expectations but disappointed the Street with organic growth of just … Continue reading

Posted in U.S. Debt Ceiling