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Traders on Alert as Debt-Limit Deadline Draws Near: Markets Wrap

US stocks fluctuated ahead of a crucial meeting between US President Joe Biden and Republican House Speaker Kevin McCarthy to iron out road blocks in debt-ceiling negotiations. The S&P 500 was little changed after earlier gains and losses. Yields on short-term Treasuries were higher. Meanwhile, the tech-heavy Nasdaq 100 advanced, even with chipmakers under pressure. Micron Technology Inc. fell 2.8% after China said the company’s products failed a cybersecurity review. The big question on investo... Read More

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Debt

Limit

Deadline

Draws

Near

Markets

Wrap

Debt limit

Forex

Posted: May 22 2023, 16:16

Author Name: vladimirribakov

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