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Stocks ended the day lower despite Congress and the White House coming very close to a deal that will raise the debt ceiling. Poor economic data was to blame.

Financial stocks were mixed on Friday with the major banks sliding on European debt woes and credit companies ticking higher on news of consumer confidence that outshined expectations.

Hong Kong ended slightly higher in thin, volatile trading as the downgrade of Italian debt was another blow for investor confidence.

Stocks suffered huge losses today despite President Barack Obama signing a budget bill to raise the nation's debt ceiling and avoid a default. Investors are concerned a new recession may be here.

Stocks are trading lower today despite lawmakers announcing a potential debt deal agreement that could raise the borrowing cap and prevent a U.S. default.

The debt ceiling raise may spark a stock market rally, but investors may want to use this as an opportunity to raise cash as odds favor another leg down.

The House and Senate both passed the latest debt bill, but stocks are still trading lower as the economy is getting dangerously close to re-entering a recession.

Oil prices have fallen significantly during the entire debt ceiling debate, but the fundamentals for crude remain the same. Here are six picks that Dan Steffens likes.

The stock market's uncertainty on whether Congress can pass a bill to raise the debt ceiling may be setting up a buying opportunity for investors spotting a bottom.

Dual problems haunt global equity markets - Euro-zone sovereign debt issues and slowing economies here and abroad. Uncertainty = high risk

China has said it is willing to assist Europe in its current financial crisis, but investors shouldn't mistake its role as a supporter for that of a savior.

The broader energy sector sunk today as debt concern and a rising dollar pushed shares of major oil companies lower. At $87 a barrel some analysts are worrying major companies will engage in fewer projects in the upcoming months.

Stocks seesaw as employment data comes in stronger than expected but Europe woes continue as investors worry about the debt contagion affecting the U.S.

Healthy rebounds in European and U.S. markets and commodity prices ignited a sharp rally in Hong Kong amid increased turnover. However, heavy redemption pressure on mutual funds will make the rally hard to sustain.

Rally started Tuesday anticipates announcement from Europe of a solution to debt woes. A rally would accompany such news, but "buying the news" risky.