10 ways the sequester is hitting America
The cuts are slowly trickling in. As federal budgets are slashed, we're starting to see a wide range of consequences.
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[BRIEFING.COM] At midday, the major averages trade lower across the board with the Russell 2000 (-0.6%) displaying the largest decline. The S&P 500 holds a more modest loss of 0.3% with nine sectors sitting in the red.
Although individual sectors trade broadly lower, only four groups-consumer discretionary (-0.5%), industrials (-0.7%), materials (-0.5%), and telecom services (-1.0%)-are seeing larger losses than the broader market. Furthermore, two of the four-materials and telecom ... More
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