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Stocks Fall as Debt Ceiling Debate Looms and May Trading Month Ends

Stocks declined on Wednesday as investors closely watched the federal debt ceiling debate in Washington. The Dow Jones Industrial Average dropped 0.41%, the S&P 500 dipped 0.61%, and the Nasdaq Composite slipped 0.63%. A debt ceiling deal between President Joe Biden and House Speaker Kevin McCarthy progressed to the House floor, with a vote expectedContinue Reading

Modifications on Forex – May 31, 2023

Dear Client, To provide a favorable trading environment to our clients, VT Markets will modify the trading setting of TRY Crosses products on June 05, 2023; Please find the table below for more information about this modification: 1. The TRY Crosses product’s leverage will be modified from 5 : 1 to 20 : 1 2.Continue Reading

Wall Street Weighs Debt Ceiling Deal and Fed Rate Hike Concerns Amidst Dow Jones Decline

On Tuesday, the Dow Jones Industrial Average experienced a decline as investors considered the prospects of Congress passing a tentative deal to raise the U.S. debt ceiling. The index closed down 50.56 points or 0.15% at 33,042.78. Meanwhile, the S&P 500 managed to eke out a minimal gain of 0.002%, closing at 4,205.52, and theContinue Reading

VT Markets Makes LATAM Breakthrough With Record Number of New Trading Accounts

Sydney, Australia, 29 May 2023 – VT Markets, a leading online broker, today announced a record number of new trading accounts secured within the LATAM region. Following its formal entry into Latin America last year, the company has seen a rapid growth in regional clients, reflecting both the LATAM market’s burgeoning potential and the success ofContinue Reading

US Debt Ceiling Agreement Reached, Earnings Reports Awaited

On Monday, the U.K. markets were closed for a bank holiday, while U.S. markets were closed for Memorial Day. European stocks had a turbulent week, with the Stoxx 600 index hitting an eight-week low but recovering some losses on Friday due to a rally in tech stocks, driven by Nvidia’s impressive results. In the U.S.,Continue Reading

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