U.S. stocks fell today, paring yesterday’s gains, as investors waited for news of progress towards the end of the government’s shutdown. “The market is trying to figure out how serious the situation in Washington is,” Paul Zemsky, chief investment officer of multi-asset strategies for ING Investment Management, said. “Today’s worry is that it is more serious than we originally thought, which is putting pressure on the market.”
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
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Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers: