⚠️BREAKING: *DOW SOARS ALMOST 400 POINTS AS U.S. STOCKS RALLY ON DEBT CEILING OPTIMISM $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
NEW YORK - U.S. stocks rose sharply on Wednesday, fueled by optimism over a potential deal on the $31.4 trillion federal debt ceiling and as a rebound in regional bank shares eased concerns about an escalation in the sector's troubles.
If an agreement is not reached by June 1, the U.S. Treasury has said it could begin to run out of funds to pay the government's bills, potentially igniting a recession.
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Wall Street closes lower after Home Depot outlook, US retail sales By Reuters⚠️BREAKING: *DOW ENDS DOWN OVER 300 POINTS AS U.S. STOCKS TUMBLE ON GLOOMY HOME DEPOT OUTLOOK, DEBT CEILING CONCERNS $DIA $SPY $QQQ $IWM $VIX
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Dow, S&P edge up as data, debt ceiling curb gainsThe S&P 500 and the Dow ended with modest gains on Monday after manufacturing data raised concerns about a slowing U.S. economy that could help bring down inflation amid ongoing debt ceiling negotiations, while a rise in Meta shares helped lift the Nasdaq.
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U.S. stocks finish higher, Dow snaps 5-day losing streak as investors eye debt-ceiling talksU.S. stocks finished higher on Monday, with the Dow Jones Industrial Average snapping a 5-day losing streak, as investors continued to monitor talks about a deal to raise the U.S. debt ceiling. The Dow rose by 47.98 points, or 0.1%, to 33,348.60:
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US on track for June 1 default without debt ceiling hike, Treasury says By Reuters*U.S. TREASURY SECRETARY YELLEN TELLS LAWMAKERS THAT DEBT-LIMIT MEASURES MAY BE EXHAUSTED AS SOON AS JUNE 1 🇺🇸🇺🇸
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ECB to hike twice more and more could come as inflation stays hot: Reuters pollThe European Central Bank will hike its key interest rates by 25 basis points at each of the next two meetings, according to economists polled by Reuters, many of whom also said the bigger risk was rates could go higher still in the future.
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