Stocks Fall For Fifth Day As Congress Appears No Closer to Meeting Looming Deadlines

By
A A A
Share |

Stocks finished lower Wednesday, with the S&P 500 extending its losing streak to a fifth session as worries about the ability of Congress to avoid a government shutdown or a default on the nation's debt limit dominated trader attitudes. Investors largely shrugged off mixed economic data today on durable goods orders and new home sales, with quarter-end window dressing likely amplifying the selling bias. Most sectors in the S&P 500 closed with losses, although financial stocks held on to a 0.55 advance as a group. Materials stocks also rose as metals climbed in commodities trade.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks:

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Form 990 Explained
Form 990 Explained                  
Wacky College Scholarships
Wacky College Scholarships          

Stocks

Referenced

Most Active by Volume

107,501,567
  • $61.24 ▼ 0.20%
68,662,379
  • $3.19 ▲ 0.63%
50,948,118
  • $4.275 ▼ 3.28%
43,505,507
  • $16.395 ▲ 0.15%
38,225,559
  • $87.46 ▲ 0.81%
29,519,705
  • $26.245 ▼ 0.02%
28,915,757
  • $46.1576 ▼ 2.68%
26,289,673
  • $33.95 ▼ 1.28%
As of 4/24/2014, 02:04 PM