Crude oil prices kept rising, though, after a warning from the Saudi energy minister to speculators that raised the prospect of further OPEC+ output cuts.
Market pricing had favoured a half-point hike, and traders were also primed for an extension of the tightening streak.U.S. equity futures suggested Wall Street would inherit the sour market mood from Europe, with S&P 500 and Nasdaq futures down around 0.2%. Reports that Treasury has asked federal agencies whether they can delay upcoming payments added to the sense of crisis.
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Stock market today: World stocks slide as US debt worries mountGlobal stock markets and Wall Street futures are lower as the U.S. government creeps closer to a potentially disruptive default on its debt.
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