Analysis: Deficit deadlock may send chill through markets. US stocks could fall on failed action to lower deficit by 1.2 trillion. Failure now looks likely before deadline Wednesday.

News from Reuters just in regarding US reaction.

http://www.reuters.com/article/2011/11/20/us-usa-debt-supercommittee-a-idUSTRE7AJ0VZ20111120?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29&utm_content=Google+Feedfetcher