The Dow fell 92 points, the S&P 500 fell 5, and the Nasdaq fell 3, as the debate continued in Washington over whether to raise the debt ceiling
Some private economists see devastating effects, such as stock markets plunging. But other economists don't envision such a scenario, suggesting that the Fed, for example, may step in.
The Dow closed about 88 points down, the S&P 500 lost about 7 points, and the Nasdaq fell about 16 points
The price of gold went up $12.90 an ounce on Monday alone, closing at $1,614.40. But if the debt ceiling is raised, the gold price could come down over the short term.
The Dow closed 43 points lower, the S&P 500 gained just one point, and the Nasdaq rose 24 points on Friday. For the week, each index was up.
The markets are counting on Washington to raise national debt ceiling by Aug. 2, but that's not all. Wall Street also expects a deal that cuts the size of US budget deficit. How much is it looking for?
Stocks weighed down by Washington debt-limit talks, mixed corporate earnings. Stocks in Europe lifted by second Greek bailout.
The Dow gained 152 points, the S&P 500 rose 18 points, and the Nasdaq closed 20 points higher, following news of a new set of loans for Greece
Apple Inc. rose 2.7 percent after the company announced strong earnings for the second quarter. At close, the Dow had lost 16 points, the S&P 500 was down less than one point, and the Nasdaq dropped 12 points.
Stock market was down early Wednesday afternoon, with the traders worried about the US debt limit. Still, Tuesday's strong gains left the three major indexes of the stock market in positive territory for the month.