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Global Markets React to US Debt Ceiling Deal

1 min read
Source: Reuters
Global Markets React to US Debt Ceiling Deal
Photo: Reuters
TL;DR

Asian stock markets and Wall Street futures rose after a weekend deal by US President Joe Biden and House Speaker Kevin McCarthy to suspend the government's debt ceiling provided relief for investors. However, China worries capped sentiment, with falls in Chinese and Hong Kong shares offsetting gains seen elsewhere. The deal now has to clear a narrowly divided Congress before the United States runs out of money to pay its debts in early June.

Topics:businessfinance#asian-stock-markets#china#federal-reserve#finance#us-debt-ceiling-deal#wall-street-futures
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  3. Dow Jones Futures Rise On Debt-Ceiling Deal; Tesla Leads 9 Stocks Near Buy Points | Investor's Business Daily  Investor's Business Daily
  4. Stocks Offer Small Gains in Response to Debt Deal: Markets Wrap  Yahoo Finance
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