A short route to higher spending, higher taxes, a stagnant economy and default...read more
Asian shares fall after China unexpectedly cut interest rates to shore up its economy and the U.S. remained silent about the prospect of adding to American stimulus.
Gold futures fall in electronic trading, extending previous session losses as hopes of immediate stimulus from the U.S. diminished, dulling demand for the metal.
Investors are turning away from events overseas and are now looking at the US economic situation, according to Harvey Neiman, portfolio manager, Neiman Large Cap Value Fund. He previews the trading session with Larry Kofsky.