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Showing posts with the label SP500FutMar23

Stock futures are little changed as traders await Tuesday debt ceiling negotiations: Live updates

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[ad_1] Traders work on the floor of the New York Stock Exchange during morning trading on April 10, 2023 in New York City.  Michael M. Santiago | Getty Images U.S. stock futures were little changed on Monday evening, as all eyes on Wall Street turn to a Tuesday meeting between congressional leaders and President Joe Biden. Futures tied to the S&P 500 slipped 0.04%, while Nasdaq 100 futures inched lower by 0.05%. Dow Jones futures lost 15 points, or 0.04%. Investors are anxiously awaiting progress on a deal to raise the debt ceiling before June 1, which is the earliest date the Treasury Department has said the U.S. could default on its debt obligations. Treasury Secretary Janet Yellen said last week that a lack of a deal could spur an "economic catastrophe." On Monday , Yellen reaffirmed that the U.S. faced the possibility of default as early June 1, the so-called "X date," if a deal isn't reached between the White House and Congress. "Waiting u