The dollar rises further on Thursday, having already made solid gains the previous day as investors sought shelter in the haven unit. – AFP pic, May 19, 2023.
OPTIMISM over talks to avert a catastrophic US debt default boosted global stocks yesterday, with bullish sentiment about artificial intelligence lifting the Nasdaq. Wall Street stocks had jumped on Wednesday as investors were reassured that a deal would be done to avoid the US government defaulting on its massive debt that would likely trigger a cataclysm on markets.
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