US Stocks Plunge As Debt Ceiling Talks Stall, Investors Trim June Interest Rate Hike Bets: Analyst Calls AI A 'Baby Bubble'
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After a positive start to the session, the stock market turned to the red Friday when House Speaker Kevin McCarthy's representatives stormed out of a private meeting with White House officials, calling the other side "unreasonable" and putting talks over the debt ceiling in jeopardy.
Risk off struck all major indices and virtually all sectors, with a few noteworthy…
This story from benzinga.com was posted on 2023-05-19 by @riversong.