According to Reuters, US House Speaker Kevin McCarthy told reporters. On Monday that Congressional and White House negotiators were remained far apart in discussions to increase. The debt ceiling and avert a default.
US House Statement reaction on market
Following these remarks, the markets have remained cautious. The Dow Jones Industrial Average and the S&P 500 indices were down between 0.15% and 0.1% as of this writing.
Meanwhile, the US Dollar continues to lag behind its main counterparts, with the US Dollar Index down 0.22% on the day to barely below 102.50.
