Stock futures tumble as budget stalemate sets in [View all]

[grantcart]

Source: MarketWatch

MADRID (MarketWatch) — Futures pointed to a bleak start for U.S. stocks on Monday, and global stocks also sank, as the budget stalemate entered its second week with no deal in sight. Weekend interviews with leading politicians and Treasury officials increased anxiety among investors that the nation could run out of money in 10 days.

“Expect every move from Washington to be watched with increasing scrutiny as the week unfolds, but if we don’t see any real progress, then next week has the potential to be nothing short of chaotic,” said analysts at Monex Capital in a note to investors.


Read more: http://www.marketwatch.com/story/stock-futures-tumble-as-budget-stalemate-sets-in-2013-10-07?siteid=yhoof2

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Boehner needs some excuse to stop this sham. I expect he will get it when the DJI hits 14,199

Follow through the day here

http://www.marketwatch.com/story/stock-futures-tumble-as-budget-stalemate-sets-in-2013-10-07?siteid=yhoof2