You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Snapshot

Gridlock in D.C. has hold on market

Continue reading below

Stocks fell for a fifth day Friday over concern that lawmakers won’t reach a budget deal before the Monday deadline. “I can’t wait till this is done, so we can start talking about markets again,’’ said Doug Cote, chief market strategist at ING Investment Management. Cote doesn’t expect lawmakers will reach a deal before the deadline and says that when people assess the tax increases on the way, “the market is going to reel.’’ He also expects slowing earnings growth to hit stocks. Major indexes, however, are holding on to gains for the year. The Dow is up 5.9 percent, the S&P 500 up 11.5 percent, and the Nasdaq up 13.6 percent.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com
Already a subscriber?
Your city. Your stories. Your Globe.
Yours FREE for two weeks.
Enjoy free unlimited access to Globe.com for the next two weeks.
Limited time only - No credit card required!
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.
Thanks & Welcome to Globe.com
You now have unlimited access for the next two weeks.
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.