Senate and House to convene after talks stall over weekend


The Senate and the House are due to hold sessions today despite the Columbus Day federal holiday as Washington continues to struggle to forge a deal over the government budget and the debt ceiling.

Senate Majority Leader Harry Reid and Republican leader Mitch McConnell held talks over the weekend that Reid called substantive. "I'm optimistic about the prospects for a positive conclusion," Reid said.

However, U.S. stock futures are lower as investors become increasingly nervous about the chances of an agreement before Thursday's debt-cap deadline. It could be that it will need a display of market fear to get Congress to agree to a deal.

Comments (1)
  • Financehulligan
    , contributor
    Comments (1056) | Send Message
     
    Market saying: No deal

     

    http://bit.ly/1br2Rqa

     

    Ops, what will happen now with asset prices?
    14 Oct 2013, 09:31 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs