Wall Street up sharply predicts US debt deal
May 27, 2023 Economics 0 Comments
The New York Stock Exchange ended sharply higher on Friday anticipating an agreement on the debt ceiling in the United States and ignoring for the moment the bad news on the side of inflation. The Nasdaq, where technology stocks are concentrated, led the rise, gaining 2.19%, to reach its highest level of the year. The Dow Jones gained 1.00% and the S&P 500 advanced 1.31%, according to preliminary results.