Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

LandCastle Title’s operations will not be affected

8 avoidable mistakes first-time homebuyers keep making

Stop doing these things

Trending Thursday: CFPB data collection worse than the NSA?

Slowly but surely GSE shareholders cutting into Treasury, FHFA secrecy
W S
Investments / The Ticker

Report: US Treasury to breach debt limit in October

stock market
/ Print / Reprints /
| Share More
/ Text Size+

Remember the frenzy over the debt ceiling? It's ba-ack. A report out Monday afternoon from Dow Jones says that the U.S. Treasury will reach its debt limit in mid-October. CNBC reports:

The U.S. Treasury will reach its debt limit in mid-October, Dow Jones reported on Monday, citing sources familiar with the matter.

That was "sooner than many on Capitol Hill had anticipated," the wire service said.

Stocks turned lower immediately on the news, after barely moving during remarks by Secretary of State John Kerry regarding chemical weapons use in Syria.

The HW 30 equity index moved into the red after posting nominal gains most of the trading day. Index laggards Monday include Realogy Holdings (RLGY), JPMorgan Chase & Co. (JPM), and Stewart Information Services Corp. (STC).

Source: CNBC
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus