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Friday, May 26, 2023

US stocks close higher on optimism of debt ceiling deal

US stock indexes rose on Friday amid the optimism of avoiding a catastrophic US debt default. The S&P 500 increased by 1.3% to 4,205.45, the Dow Jones Industrial Average marked a 1.0% increase to finish at 33,093.34. Nasdaq surged and finished 2.2% up at 12,975.69. The increase was driven by the hope of announcing avert the default.

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Sri Lanka central bank fines Indian Bank

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...