Market recap: Anxiety over the lack of a debt ceiling deal intensifies with each passing day,...

|By:, SA News Editor
Market recap: Anxiety over the lack of a debt ceiling deal intensifies with each passing day, but worries also grow about the economy, as companies from Emerson to Corning came out today with warnings of weakening demand. The dollar surged, sending crude oil and precious metals lower. Treasurys pared losses after the Beige Book cited slowing growth. NYSE losers crushed gainers seven to one.