Stocks waver on economic growth, debt talks

Stocks waver on economic growth, debt talks

Stocks wavered in midday trading today as investors balanced signs of future growth in the U.S. economy with a looming deadline for Congress to reach a deal in debt talks. The Conference Board’s index of leading economic indicators rose more than Wall Street analysts were expecting, a sign that the economy may pick up in the coming months. But many investors remained cautious as a key Congressional committee remained deadlocked on ways to cut the U.S. deficit.