Updated on
Summary The US stocks fell as the lawmakers remained at odds over how to avoid a debt default.
A weak report on manufactured goods orders is also weighing on stocks.House Speaker John Boehner had planned to hold a vote on his debt-limit plan Wednesday but that was postponed after congressional budget officials said it would have cut spending less than advertised. The White House had also threatened to veto Boehners plan. The stalemate has put financial markets on edge.At the opening bell, the Dow Jones industrial average is down 68 points, or 0.6 percent, at 12,431. The Dow is headed for its fourth day of losses. The Standard & Poors 500 is down 9, or 0.7 percent, to 1,322. The Nasdaq composite is down 19, or 0.7 percent, at 2,820.
