World News: 06:25 GMT Wednesday 13th February 2013. [Stock Market via SPi World News]
NEW YORK (Reuters) - The U.S. stock market is unlikely to take much direction from Tuesday's State of the Union, although President Barack Obama was less combative in his tone than some on Wall Street expected. Obama's speech provided little in the way of guidance as to whether the White House and Congress will come to a deal to head off large spending cuts that are set to come into effect as of March. The broader market has not been overly concerned about the potential effect of $85 billion in automatic spending cuts that would hit the defense sector hard. ...
Read More: http://news.yahoo.com/wall-street-likely-shrug-off-obama-investors-wait-062512851--sector.html
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2017. [Admin Only]
Sector Publishing Intelligence Ltd.
Ground Floor Offices, Little Keep Gate, Barrack Road, Dorchester, Dorset DT1 1AH
Registered in England and Wales number 0751938.