Home » Topics » Treasury report

Stock market continues to tank over budget impasse

US stocks fell Thursday as continued concern about the US budget impasse, underscored by a dire Treasury report, and weak US services sector data offset other upbeat economic data. About 55 minutes into trade, the Dow Jones Industrial Average tumbled 121.41 points (0.80 percent) to 15,011,73. The broad-based S&P 500…