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"NEW YORK (MarketWatch) — U.S. stocks slid on Friday, with the Dow Jones Industrial Average headed toward its worst week in a year, as Congress prolonged the uncertainty over the nation’s debt ceiling.
“The debt issue is hurting the economy,” said Aaron Smith, senior economist at Moody’s Analytics. “Confidence is dissolving more rapidly than the data and markets would suggest.”
Thank you GOOPERS!
"NEW YORK (MarketWatch) — U.S. stocks slid on Friday, with the Dow Jones Industrial Average headed toward its worst week in a year, as Congress prolonged the uncertainty over the nation’s debt ceiling.
“The debt issue is hurting the economy,” said Aaron Smith, senior economist at Moody’s Analytics. “Confidence is dissolving more rapidly than the data and markets would suggest.”
Thank you GOOPERS!