Biden, McCarthy reach US debt ceiling deal
29 May 2023 - Stocks jumped on Friday as traders grew hopeful that lawmakers will reach a deal to raise the US debt ceiling, avoiding a potentially catastrophic default.
29May
26May
Semiconductor chips stocks boost Nasdaq: Tesla to partner with Ford
26 May 2023 - The S&P 500 and Nasdaq Composite jumped Thursday as investors cheered the latest quarterly results from Nvidia, fueling a rally in technology stocks. Those moves also came as US debt ceiling talks appeared to progress.
25May
Major US indexes plummet amid debt ceiling deadlock
25 May 2023 - The Dow Jones Industrial Average fell for a fourth straight day as US lawmakers struggled to reach a deal on the country’s debt ceiling, heightening worries of a potential default.
24May
Little progress in debt ceiling talks causes US stocks to fall
24 May 2023 - Stocks fell Tuesday as ongoing debt ceiling discussions appeared to yield little progress. Some traders interpreted the lack of any major updates on negotiations as a sign that lawmakers, perhaps, are struggling to progress as hoped.
23May
Australia and the US sign critical minerals agreement
23 May 2023 - The S&P 500 finished little changed on Monday as Wall Street awaited a pivotal debt ceiling meeting and government officials scrambled to avert a default.
22May
S&P500’s best week since March amid doubts of swift debt ceiling deal
22 May 2023 - Stocks fell Friday as GOP negotiators halted ongoing debt ceiling negotiations, stoking doubt of a deal being reached soon. However, the S&P 500 notched its best week since March.
19May
Debt ceiling focus boosts S&P500 and Nasdaq to highest levels since Aug ’22
19 May 2023 - The S&P 500 and Nasdaq Composite jumped on Thursday to notch their highest closing levels since August 2022 as Wall Street traders kept focused on debt ceiling negotiations.
18May
Rebound in banks lift the S&P500: EV sector gets a boost by EU’s plans
18 May 2023 - Stocks rose Wednesday as investors hoped congressional leaders and President Joe Biden could come to a deal on the US debt ceiling and avoid a catastrophic default.
17May
Biden and McCarthy set to continue talks regarding the US debt ceiling
17 May 2023 - Stocks dipped Tuesday as Wall Street also turned its attention to a meeting between congressional leaders and President Joe Biden on the US debt ceiling.
16May
Investors react to debt ceiling talks
16 May 2023 - The S&P 500 rose slightly to start the week Monday as traders assessed ongoing debt ceiling negotiations.