Business

Snapshot: Gridlock, economic data weigh on stocks

Advertisement

The Street couldn’t shrug off government gridlock and doubts about the economy. Stocks, up most of the day, declined in the last half-hour, extending the Dow and S&P 500 losing streak to four days. Investors faced conflicting reports: Home prices rose in July the most in more than seven years, but Americans’ confidence in the economy slipped in September. Investors were also searching for direction following the Fed’s surprise decision to keep its stimulus program fully intact for now. And then there’s the politics in Washington: The US government could shut down soon because lawmakers are making scant progress in budget talks.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

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