While you were sleeping US stock slide deepens

Tue, 08 Oct 2013

By Margreet Dietz Oct. 9 (BusinessDesk) - Wall Street slumped, with tech stocks selling off, as investors were increasingly concerned about the continued impasse between US lawmakers over the budget and debt ceiling. Shares of Alcoa fell 0.7 percent. The aluminium producer is scheduled to release third-quarter results after the market close as the latest round of quarter US earnings gets underway. "All of the sudden, you've got these question marks coming in from earnings reports and the government shutdown and you've got these portfolio ma...

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