BEIJING (AP) — Global stock markets and Wall Street futures fell Tuesday after more talks in Washington on government debt ended with no deal to avoid a potentially jarring default .
London and Frankfurt opened lower. Shanghai, Tokyo and Hong Kong sank. Oil prices retreated.
Wall Street’s benchmark S&P 500 index edged up less than 0.1% on Monday as Congress and the White House negotiated over Republican demands to cut social programs in exchange for agreeing to raise the amount the government can borrow.“The resumption of debt ceiling negotiations spurred some hopes despite distinct risks of brinksmanship and blame-shifting,” Tan Boon […]
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