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Nasdaq: Debt limit breach might per chance perhaps yield ‘very’ detrimental market response


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Economic system1 hour within the past (Oct 06, 2021 02: 10PM ET)

Nasdaq: Debt limit breach could yield 'very' negative market response
© Reuters. FILE PHOTO: The Nasdaq logo is displayed at the Nasdaq Market attach in Fresh York September 2, 2015. REUTERS/Brendan McDermid/File Negate

WASHINGTON (Reuters) – Nasdaq Inc Chief Govt Adena Friedman acknowledged on Wednesday that an prolonged extend in raising the U.S. debt limit would motive markets to react “very, very negatively.”

At some level of a meeting between U.S. President Joe Biden and industrial officers at the White Dwelling on Wednesday, she acknowledged, “We plug motion as rapid as that that it is doubtless you’ll per chance imagine.”

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