News Formal

MARKET WRAP: JSE weaker amid US debt-ceiling talks

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

South Africa News News

Bourse surrenders earlier gains as President Joe Biden prepares to host top congressional leaders

The JSE surrendered earlier gains on Tuesday, tracking weaker global equities as investors assessed the ongoing US debt-ceiling negotiations.

Investors are awaiting progress on a deal to increase the legislatively mandated limit on how much the US can borrow before June 1, which is the earliest date the treasury department has said the world’s biggest economy could default on its debt obligations...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: Rand breaks four-day losing streakJSE little changed along with global peers
Source: BDliveSA - 🏆 12. / 63 Read more »

Godongwana: US won’t sanction SA over weapons row, and market reaction will stabilise | BusinessSouth African Finance Minister Enoch Godongwana said his country resolved a row with the US over allegations that Pretoria supplied weapons to Russia and it’s unlikely to face any repercussions. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »