Tag: debt ceiling

U.S. futures advanced during Tuesday's morning session as investors wait for the U.S. debt-ceiling deal to be presented before Congress. Policymakers are under pressure to pass the legislation into law before the June 1 deadline so as to avert an unprecedented default that would...

Oil remained little changed on Monday as traders wait to see if lawmakers approve the U.S. debt ceiling deal that policymakers agreed to on the weekend. The agreement was reached in a 90-minute telephone call between U.S. President Joe Biden and Republican House Speaker...

Futures in New York rose during Monday's morning session, thereby building on Friday's strong finish. European stocks also experienced modest gains. Contracts on the Nasdaq 100 jumped 0.5%, while those on the S&P 500 climbed 0.4% higher. Futures on the Dow Jones Industrial Average edged...

Global markets are expected to embark on a relief rally after U.S. President Joe Biden and House Republican Speaker Kevin McCarthy reached an agreement to raise the U.S. government's debt ceiling in an effort to evade an unprecedented default. McCarthy revealed to reporters that he...

White House and Republican negotiators reached a deal late on Saturday to raise the U.S. debt ceiling, thereby averting a default that would have sent shockwaves across the global economy had a deal not been reached by the June 1 deadline. President Joe Biden and...

Progress in the U.S. debt ceiling talks saw stock equities rise while gold fell to a two-month low. Renewed optimism surrounding the debt talks saw a reduced number of investors turn to safe havens such as gold in an effort to protect themselves against...