Nasdaq: Debt limit breach could yield ‘very’ negative market response
© Reuters. FILE PHOTO: The Nasdaq logo is displayed at the Nasdaq Market site in New York September 2, 2015. REUTERS/Brendan McDermid/File Photo
WASHINGTON (Reuters) – Nasdaq Inc Chief Executive Adena Friedman said on Wednesday that an extended delay in raising the U.S. debt limit would cause markets to react “very, very negatively.”
During a meeting between U.S. President Joe Biden and business officials at the White House on Wednesday, she said, “We urge action as quickly as possible.”
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