Australian, New Zealand Stocks Decline Amid U.S. Debt Stalemate
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Australian and New Zealand stocks fell as American lawmakers struggled over an accord to raise the nation’s debt limit and restore government operations.
Australia’s S&P/ASX 200 Index retreated 0.2 percent and New Zealand’s NZX 50 Index fell 0.2 percent as of 10:03 a.m. in Sydney. Standard & Poor’s 500 Index futures lost 1 percent.