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US equities set for a flat start after House passes debt ceiling legislation

Welcome to June.I wrote about the June seasonal biases in stock markets yesterday, so you'll want to check that out. So far, though, there's no bias at all to the open with futures flat.May performance:Dow industrial average -3.49%S&P index +0.25%NASDAQ index +5.8%The House passed the debt ceiling bill by a vote of 317-117 as the foolish drama around it largely ends. The Senate will have to rush through a bill but leaders of both parties want it passed within 48 hours.Shares of Macy's are one st... Read More

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Equities

Flat

Start

After

House

Passes

Debt

Ceiling

Legislation

Forex

Posted: Jun 1 2023, 13:21

Author Name: forexlive

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