Wall Street

US Could See Debt Ceiling Battle Shake Markets, Goldman Sachs Warns | CNN Business

US Could See Debt Ceiling Battle Shake Markets, Goldman Sachs Warns | CNN Business

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New York CNN Business — Republicans and Democrats are likely to face off next year over the debt ceiling, a fight that could rattle financial markets, unnerve consumers and threaten the economy with the specter of a calamitous default. The looming debt limit battle in Washington could spark the most uncertainty since the 2011 tightrope …

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European markets stagnate to end the winning week; Credit Suisse shares at historic low

European markets stagnate to end the winning week; Credit Suisse shares at historic low

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European markets muted but mark sixth week of gains Europe’s Stoxx 600 index closed flat on Friday, capping an upbeat week that saw it break a three-month high and secure a sixth week of gains. Major German and French stock exchanges were flat, with Britain’s FTSE 100 gaining 0.3%. Expectations of a slowdown in Federal …

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Inflation is cooling and Wall Street is loving it | CNN Business

Inflation is cooling and Wall Street is loving it | CNN Business

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New York CNN Business — Inventories were mostly higher on Tuesday after the US government announced that wholesale prices rose at a much less dramatic pace than expected. The news comes just days after another report showed the pace of consumer price increases was also slowing. The Dow was flat midday, having given up much …

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Stock market rally amid FTX blast and Facebook-parent layoffs, says investors could whistle past recession graveyard

Stock market rally amid FTX blast and Facebook-parent layoffs, says investors could whistle past recession graveyard

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Investors stunned by last week’s strong rally in stocks may want to listen to Tom Waits’ song, 1978’s “Whistlin’ Past the Graveyard,” to sober up the dangers that still lurk. The surge in stocks catapulted the S&P 500 SPX index, +0.92% TO SPY, +0.97% almost back to the 4,000 mark on Friday, also taking it …

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