Latest posts by Jeremy Ryan (see all)

    Stocks were rattled by growing concern over a possible debt ceiling fight and government shutdown, while investors awaited the kickoff of the Jackson Hole, Wyoming economic symposium and major speeches by Fed Chair Janet Yellen and European Central Bank President Mario Draghi.

    Movie projector

    Stocks sharply reversed course from yesterday’s gains on a broader tech retreat, some disappointing earnings reports, and political uncertainty in the U.S., including speculation that the Trump administration’s chief economic advisor Gary Cohn would resign, which the White House denied, and the dissolution of two business councils.