Gold Rebounds as Analysts Debate If Last Week's Record Marks the Top
"Debt ceiling" causes trouble! The U.S. Treasury Department's borrowing expectations for Q2 increase threefold, excluding the impact, borrowing decreases instead of increasing.
The U.S. Treasury announced on Monday that the estimated net borrowing for the second quarter is 391 billion dollars higher than expected in February, due to Congress not yet raising the federal debt ceiling, and the initial cash reserves at the beginning of the second quarter being far lower than previously anticipated. The Treasury stated that if the cash balance at the beginning of the season is not taken into account, the estimated borrowing for the second quarter is actually 53 billion dollars lower than the forecast made in February. Some analysts believe this is because DOGE is indeed having an effect, improving the fiscal situation and reducing financing demand.
Shares of Semiconductor Stocks Are Trading Lower. The Sector May Be Reacting to Reports Suggesting Huawei Has Developed an AI Chip to Challenge NVIDIA.
Schlumberger's Margin Resilience: Analyst Highlights Digital & Production Strength Despite Price Cut
Benzinga Market Summary: S&P And Nasdaq Drop As NVIDIA Falls On Reports Huawei Has Developed Competing AI Chip, Oil Slips, Bernstein Upgrades Boeing Stock
This Is How Different Sectors, Styles, and Groups Have Recovered Since 'Liberation Day'