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White House and House Republicans Fail to Agree on Debt Ceiling Issue

Wall Street continued to weaken as there’s no sign that the White House and the House of Representatives would reach an agreement on a debt ceiling plan in the near-term. With the government remained partially shut down, US economic data released was limited but consumer credit came in better than expectations. US shares dropped with the DJIA and the S&P 500 indices losing -0.9% and -0.85% respectively.

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White House and House Republicans Fail to Agree on Debt Ceiling Issue

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