Frankfurt The US government’s ongoing debt dispute made Wall Street investors nervous at the end of the week. The three US indices turned negative at midday after the media reported a break in negotiations. The Dow Jones index of standard values closed 0.3 percent lower on Friday at 33,426 points. The tech-heavy Nasdaq fell 0.2 percent to 12,657 points. The broad S&P 500 lost 0.1 percent to 4191 points.
According to media reports, the negotiations between US Republicans and the government of President Joe Biden, which many investors already saw on the home stretch, have been interrupted. “We’re not ready yet,” several US media quoted Republican MP Garret Graves as saying. “We decided to take a break because it’s just not productive.” A representative of the President’s Office said an agreement is still possible if both sides act in good faith and are willing to make concessions.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Further
Read on now
Get access to this and every other article in the
web and in our app.
Further