GOP McHenry is saying that:

  • That debt ceiling talks are progressing, but...
  • Warns that remaining issues become more difficult as more progress is made
  • Deal needs to be made in next day or 2 or 3.

The clock continues to tick, but stock markets remain positive:

  • S&P index is back above its 100-week moving average at 4204.04. The 100 week moving average is at 4200.20
  • NASDAQ index is also above its 100-week moving average at 12903.07 and trades up 268 points or 2.12% at 12964.
  • Dow Industrial Average is looking to snap a 5-day decline. It is currently up 302 points or 0.92%