US House Speaker McCarthy says:
- We don't have a deal
- Decisions have to start being made
He does add:
- Negotiators meetings were productive.
- Will continue to work for an agreement
- The President has to be serious
Markets are holding in although the Dow industrial average is still down 93 points or -0.27%. The NASDAQ index is still up around 60 points or 0.47%. The S&P is trading above and below 4200.
Biden and McCarthy are scheduled to meet at 5:30 PM ET.