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Here’s What Market Strategists Are Saying About the McCarthy Ouster

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The historic ouster of Republican Kevin McCarthy as Speaker of the House may add to the risk of a US sovereign credit-rating downgrade and further roil markets, according to strategists.

Asia Stocks to Follow US Slump as Fear Gauge Rises: Markets WrapPhilippines’ Marcos Removes Cap on Rice PricesJapan Five-Year Yield Hits Highest Since 2013 Amid Debt RoutNovartis Spinoff Sandoz to Start Trading as Standalone DrugmakerBond Traders Target Treasury 10-Year Yield Above 5% Within WeeksSouth Korea Lifts Crisis-Era Limit on Banks’ Bond SalesMillennium in Talks to Invest Billions With Rival SchonfeldAustralia to Crack Down on ‘Systemic’ Visa Fraud, ExploitationApple Gets Downgraded by...

Bank of Canada delivers growth and security to retirement portfoliosCanada Housing Body Says It Will Take C$1 Trillion to Meet GoalsYellen Says She’s ‘Very Optimistic’ on Economy But Wary of RatesCalgary home sales jump 29% in September, hitting record highPrivate sector plays key role in boosting housing supply but must 'up its game': CMHCWells Fargo to Invest $175 Million for Chicago-Area ExpansionWeWork Skips Bond Interest Payments, Enters 30-Day Grace PeriodPortugal to End Its...

Mountain Valley Pipeline Gets New Safety Measures Under US OrderRay Dalio Says US-China Relations Are on the ‘Brink of Red Lines'Trump Withheld Key Documents in Valuing Empire, Accountant SaysHere Are the Republicans in the Mix to Replace Kevin McCarthyAt Least 21 People Killed After Bus Falls Off Venice-Area BridgeMcCarthy Loses Pivotal Vote, Showing Republican Rebels Can Oust Him as Speaker

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