Read as much as you want on, anywhere and anytime, for just 99¢.

Snapshot: Gridlock, economic data weigh on stocks

Continue reading below

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...
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
Marketing image of