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Equity Gains On Passing US Debt Bill, Fed Stop Talking

LONDON/TOKYO (Reuters) – Global stocks rose on Thursday, as bets eased of a U.S. interest rate hike this month and a softening of the U.S. House of Representatives’ passage of a bill to suspend the federal debt ceiling. A divided House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling — and …

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Stocks were mixed, and Nvdia rose offset by concern about the debt ceiling vote

Nvidia achieved $1 trillion market capitalization for the first time US Consumer Confidence better than expected in May The Dow Jones fell 0.3%, the Standard & Poor’s fell 0.1%, and the Nasdaq rose 0.2%. May 30 (Reuters) – Stocks were mixed on Wall Street on Tuesday, dragged down by concerns about Republicans opposing a deal …

Stocks were mixed, and Nvdia rose offset by concern about the debt ceiling vote Read More »

Asian stocks fell as investors questioned the consequences of the US debt deal

SYDNEY (Reuters) – Asian stocks gave way to early gains on Tuesday, as fears that the US government would avert a default on its debt gave way to fears that a compromise deal to suspend its debt ceiling would have negative consequences. The package must still be approved by the Republican-controlled House and the Democratic-controlled …

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The White House and Republicans are moving forward with US debt ceiling talks

WASHINGTON (Reuters) – Negotiators for Democratic President Joe Biden and Republican Congressman Kevin McCarthy met at the White House on Wednesday to try to strike a deal to raise the $31.4 trillion U.S. debt ceiling and avert a catastrophic default. Time is running out, as the Treasury Department has warned that the federal government may …

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Wall Street retreated as debt ceiling talks dragged on. Focus on Fed minutes

The start of a new round of debt ceiling negotiations Citigroup abandons sale of Mexico unit Agilent backs off expected annual cuts Indices down: Dow 0.82%, S&P 0.89%, Nasdaq 0.94% (Reuters) – Major Wall Street indexes fell on Wednesday as talks between the White House and Republican representatives on raising the debt ceiling continued, while …

Wall Street retreated as debt ceiling talks dragged on. Focus on Fed minutes Read More »

US lawmaker calls for action against Chinese chipmaker CXMT after Micron

US lawmaker calls for action against Chinese chipmaker CXMT after Micron

[1/2] Committee Chairman U.S. Rep. Mike Gallagher (R-W) listens during a House Select Committee meeting on strategic competition between the United States and a Chinese Communist Party meeting on “Taiwan Tabletop Exercise (TTX),” a simulation of war games, on Capitol Hill in Washington, DC United States, April 19, … Read more WASHINGTON (Reuters) – The …

US lawmaker calls for action against Chinese chipmaker CXMT after Micron Read More »

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