Stocks Decline on U.S. Budget Concerns

Stocks fell around the world, Treasuries gained and the yen strengthened against all its major peers after House Republican leaders scrapped a plan to allow higher taxes amid stalled budget talks. Commodities declined.

Barratt Says Fed Hike May Bring Rebound for Commodities
36:01 - Jonathan Barratt, chief investment officer at Ayers Alliance Securities in Sydney, talks about the rout in commodities. He speaks with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)
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