Republican US House of Representatives Speaker Kevin McCarthy said on Wednesday that he does not see support for the Senate funding bill.
McCarthy added that he wants to sit down with US President Joe Biden to discuss border security. On Tuesday, the US Senate presented a funding bill. Republican-controlled House of Representatives, however, want to attach border and immigration restrictions to the bill. McCarthy called on President Biden to agree to tighter border controls to prevent a government shutdown.
This development seems to be weighing on risk mood. After opening in positive territory, Wall Street's main indexes turned south and were last seen trading virtually unchanged on the day.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.