Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
|cookielawinfo-checkbox-analytics||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".|
|cookielawinfo-checkbox-functional||11 months||The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".|
|cookielawinfo-checkbox-necessary||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".|
|cookielawinfo-checkbox-others||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.|
|cookielawinfo-checkbox-performance||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".|
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
Futures up on optimism over debt ceiling talks
May 15 (Reuters) – U.S. stock futures rose on Monday amid optimism over a possible debt limit deal. At the same time, investors are waiting for the Fed’s comments during the week.
Dow futures were up 0.37% at 14:57 GMT, the S&P 500 was up 0.34%, the Nasdaq 100 was up 0.24%.
US President Joe Biden said on Sunday that he expected to meet with representatives of Congress on Tuesday to negotiate an increase in the amount of public debt and prevent a catastrophic default.
Several months of standoff in Washington have added to concerns about the global economy as a new unbiased report from Congress puts it at “significant risk” of a historic default in the first two weeks of June.
This week, investors are focused on comments from a number of Fed officials in various forums, including Friday’s speech by Chairman Jerome Powell.
ONEOK Inc’s shares fell 4.3% over the counter after the company agreed Sunday to buy U.S. pipeline operator Magellan Midstream Partners in an all-cash deal worth about $18.8 billion, including debt. Magellan jumped by 14.6%.
US-listed Chinese shares Alibaba Group Holding, Baidu Inc and JD.com Inc gained between 1.9% and 2.9% on hopes for more stimulus.
Alphabet Inc, the owner of Google, fell 1% on reports that Loop Capital downgraded the company’s stock from buy to hold, while Meta Platforms Inc was up 1.2% after the company upgraded to “buy”. with “hold”.
The original message in English is available at the code: (Shreyashi Sanyal and Shristi Achar A in Bangalore)
The State Duma announced emergency decisions after Putin’s message
Putin’s assistant landed on the football field in Iran and disrupted the match
Russian banks took 100 billion rubles at annual repo auction at 7.75% – CBR