US equities markets face an array of data next week on the state of the fragile economic recovery, which recent indicators show is hitting some fairly rough patches. The week saw a spate of disappointing indicators on the world's largest economy, including worse-than-expected reports on industrial production, housing construction and sales of previously owned homes. Debt concerns once again grabbed investors' attention, with the US debt hitting its legal limit on borrowing Monday after some lawmakers in Congress balked at raising the ceiling without cutting government spending.
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