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Global stock markets breathe a sigh of relief over Biden-McCarthy pact to avert U.S. debt default

Por: MarketWatch Politics May 29, 2023

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Markets in London and Seoul were closed for a holiday, and . The agreement on the U.S. debt eased what had been a potentially huge threat to markets worldwide. Biden and McCarthy worked over the weekend to try to ensure enough support in Congress to pass the measure before a June 5 deadline and avert a disruptive federal default. “Markets are so far reacting cautiously. Buoyed, but cautious,” Clifford Bennett, chief economist at ACY... + full article



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