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.