Tag Archives: Federal Debt Default

Stocks head for record high as confidence rises in debt default deal

October 16, 2013


Optimism over a deal to avert a federal debt default lifted U.S. stocks late Wednesday morning to near an S&P 500 record. The jump came as Senate leaders rushed to send a budget deal to the House of Representatives for a vote one day before the nation’s borrowing ability expires. “It appears that risk assets […]

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