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2 June 2023

Stocks Rise as U.S. House Passes Debt Ceiling Bill, Earnings Reports Impact Market

Stocks experienced gains as the U.S. House of Representatives successfully passed a debt ceiling bill, reducing the risk of a default. Despite a 4.7% decline in Salesforce shares following their earnings report, the Dow Jones Industrial Average rose by 0.47%, …

1 June 2023

Stocks Fall as Debt Ceiling Debate Looms and May Trading Month Ends

Stocks declined on Wednesday as investors closely watched the federal debt ceiling debate in Washington. The Dow Jones Industrial Average dropped 0.41%, the S&P 500 dipped 0.61%, and the Nasdaq Composite slipped 0.63%. A debt ceiling deal between President Joe …

31 May 2023

Wall Street Weighs Debt Ceiling Deal and Fed Rate Hike Concerns Amidst Dow Jones Decline

On Tuesday, the Dow Jones Industrial Average experienced a decline as investors considered the prospects of Congress passing a tentative deal to raise the U.S. debt ceiling. The index closed down 50.56 points or 0.15% at 33,042.78. Meanwhile, the S&P …

30 May 2023

US Debt Ceiling Agreement Reached, Earnings Reports Awaited

On Monday, the U.K. markets were closed for a bank holiday, while U.S. markets were closed for Memorial Day. European stocks had a turbulent week, with the Stoxx 600 index hitting an eight-week low but recovering some losses on Friday …

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