U.S. stocks dropped on Wednesday, with the S&P 500 index recording its longest decline since December, as a possible government shutdown overrode better-than-forecast economic reports.
“It’s been a very good year for the stock market, but people are pausing to worry about what is going on in Washington. One of the few things you can say about the stock market is it hates uncertainty,” said David Kelly, chief market strategist at J.P. Morgan Funds...continue
“It’s been a very good year for the stock market, but people are pausing to worry about what is going on in Washington. One of the few things you can say about the stock market is it hates uncertainty,” said David Kelly, chief market strategist at J.P. Morgan Funds...continue