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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
