US stocks edge higher as investors await updates on debt ceiling negotiations
The Treasury Department said it's facing a June 1 deadline that if missed means it would be forced to delay or even miss bond payments, which is unprecedented.
"Leading up to that point, we expect risk assets to undergo a period of heightened volatility amid a flurry of headlines on progress toward a compromise that would avert a U.S. default," Saira Malik, chief investment officer at Nuveen, wrote in a note Monday. "We think a deal will ultimately be hammered out by the deadline, even if it's a short-term fix that kicks a more"permanent" solution down the road. In the meantime, it would be prudent for investors to prepare for a less favorable outcome by positioning their portfolios to better weather the potential storm," wrote Malik. its entire Tesla stake in the first quarter - cashing out on the EV's maker's 2023 rebound.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Mali rejects UN report on alleged execution of 500 villagers by troopsMali's interim military government has rejected a United Nations human rights office report on the alleged execution of at least 500 people by Malian soldiers and unidentified foreign fighters during an operation last year.
Weiterlesen »
S&P 500 could rise to 4,400 by year-end in a soft landing scenario – UBSCaution in US equity positioning is warranted, economists at UBS report. Equity backdrop remains challenging “We see the risk-reward tradeoff for US e
Weiterlesen »
S&P 500 climbs amid debt ceiling progress; Banks rebound By Investing.com⚠️BREAKING: *U.S. STOCKS END HIGHER ON MONDAY AS S&P 500 CLIMBS AMID DEBT CEILING OPTIMISM $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Weiterlesen »
S&P 500 cierra al alza mientras se reanudan las negociaciones sobre el techo de la deuda en WashingtonEl S&P 500 subió levemente para comenzar la semana el lunes.
Weiterlesen »
Why Helio Castroneves Refuses to Give Up Chase for a Record Fifth Indy 500 WinCastroneves, 48, could be the last driver we see going for a record win at Indianapolis for quite some time.
Weiterlesen »
S&P500 Futures, yields struggle to justify US policymakers’ optimism about debt ceiling talksS&P500 Futures, yields struggle to justify US policymakers’ optimism about debt ceiling talks – by anilpanchal7 SP500 Futures YieldCurve RiskAversion FiscalPolicy
Weiterlesen »