The New York Stock Exchange is seen in New York, Thursday, Feb. 24, 2022. Markets are opening mostly higher on Wall Street Friday after a wild ride a day earlier. The S&P 500 added 0.4% in the early going, following even bigger gains in Europe. (AP Photo/Seth Wenig)

By: Economic & Finance Report

May 30, 2023 Tuesday, the stock market has fallen waiting for results from the substance of debt ceiling talks, or lack thereof. President Biden and House Speaker McCarthy reached a tentative agreement to raise the debt ceiling and avoid the U.S. defaulting on its debt obligations. The S&P 500 was nil, while the stock indexes lost 98 points.

The agreement was reached over the Memorial Day weekend as both Republicans and Democrats wanted to get concessions for their respective party’s during the debt negotiations. -SB

Image Source: Access WDUN

Stocks waver as debt deal faces next hurdle: Stock market news today (

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