The debt limit talk has reached its last and most important stage with just five days, or barely more than a 100 hours, when the U.S. Treasury may run out of money.
Value stocks fell to a seven-month low in relation to growth stocks, already lagging by more than 20% year to date on the heels of an AI-related rally propelling equities in the technology sector.
Saudi Energy Minister, Prince Abdulaziz bin Salman, warned oil speculators to exercise extreme caution in order to avoid being squeezed by the OPEC+ as was the case in April when the cartel enacted an unexpected
Many stocks have had astonishing growth since the outbreak of the COVID-19 pandemic in 2020, owing to massive amounts of money pumped by central banks and government stimulus, which have fueled consumer spending and the economic recovery.
Since Warren Buffett expressed willingness to raise his exposures to Japanese trading companies on April 10, the Nikkei 225 index, which represents the broad Japanese stock market, registered gains for five straight weeks, increasing by 8% and surging
The first four and a half months of 2023 have been broadly positive so far for U.S. stocks, with the S&P 500 index, which is closely tracked by the SPDR S&P 500 ETF Trust (ARCA: SPY), gaining 8%.