Stocks extended declines Wednesday, reflecting rising anxieties about a U.S. default as Republican lawmakers pressed the White House for spending cuts in exchange for raising the nation’s borrowing limit. The S&P 500, Dow and Nasdaq fell 0.7%, 0.8% and 0.6%, respectively.

Stocks extended declines Wednesday, reflecting rising anxieties about a U.S. default as Republican lawmakers pressed the White House for spending cuts in exchange for raising the nation’s borrowing limit. The S&P 500, Dow and Nasdaq fell 0.7%, 0.8% and 0.6%, respectively. https://ift.tt/BhA8w2P