Looming Government Shutdown Punishes Stocks

Looming Government Shutdown Punishes Stocks (Bloomberg) With it looking likely that the U.S. government could face a shutdown tomorrow, investors fled stocks, causing the S&P 500 to finish down for the day, eating into the index’s quarterly gain. “We are at the mercy of whatever develops in Washington,” Michael James, a Los Angeles-based managing director … Continue reading Looming Government Shutdown Punishes Stocks

Looming Government Shutdown Punishes Stocks

With it looking likely that the U.S. government could face a shutdown tomorrow, investors fled stocks, causing the S&P 500 to finish down for the day, eating into the index’s quarterly gain.