Government shutdown impact on the stock market

Government shutdown impact on the stock market

Author: ssv Date: 12.07.2017

SAN FRANCISCO MarketWatch — U. The Dow Jones Industrial Average DJIA, The biggest decliner was Visa Inc. The worst performing sectors were telecom, materials, and consumer discretionary. In a press conferencePresident Obama said he is happy to negotiate with House Republicans but not under the threat of keeping the government closed or not raising the debt ceiling.

House Speaker John Boehner said Tuesday that Obama and Democrats need to negotiate over the U.

Obama and Boehner talked by phone on Tuesday and the president reiterated he will not negotiate over the shutdown or the debt ceiling. A failure to raise the debt limit by Oct. Stocks have been pretty resilient so far during the shutdown. Since the shutdown started on Oct.

The continued rhetoric out of Washington is sapping optimism that the shutdown and debt ceiling are going to be resolved by Oct. Lacking optimism that there will be any resolution in Washington soon, there are very few investors willing to buy on the dips, he said.

Facebook closed down 6. Shares of TripAdvisor Inc.

Government shutdown would rattle Wall Street - Apr. 6,

Declining stocks outnumbered advancers by more than four to one on the New York Stock Exchange and the Nasdaq. Composite volume topped 3.

Economists at Bank of America Merrill Lynch expect a shutdown of two weeks will shave 0. In other markets, gold futures closed down slightly and crude-oil futures gained. The dollar inched higher versus the yena day after hitting a nearly two-month low against the Japanese currency.

government shutdown impact on the stock market

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U.S. stocks drop; Dow skids nearly points - MarketWatch

Intraday data delayed at least 15 minutes or per exchange requirements. ET Breaking Stock market opens slightly higher as Wall Street tries to avoid 2nd straight down day. Updated These binary option methods quit smoking may be ready to pick up the bullish baton from techs.

Nasdaq Composite up 0. Dow industrials rise 13 points to 21, Breaking Stocks open slightly higher as oil steadies. Ebay launches price matching program. Etsy's stock rallies 0.

Etsy job cuts are in addition to layoffs announced in May. Nationstar to move call center operations back to U. Updated Gold prices rise from 5-week lows as dollar eases.

Should Wall Street fear a government shutdown? Here’s how stocks fared during past closures - MarketWatch

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government shutdown impact on the stock market

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