US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

WASHINGTON (AP) — In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating accumulation of debt on America’s balance sheet. It’s also the fastest accumulation of a trillion dollars in debt outside of the COVID-19 pandemic — the U.S. hit…

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Dow, S&P 500, Nasdaq futures trade flat after record-setting day on Wall Street

Dow, S&P 500, Nasdaq futures steady with government shutdown, earnings season in focus

US stock futures were steady Sunday night as Wall Street balanced high hopes for a packed week featuring high-profile earnings against fresh inflation data, all happening alongside the continuing government shutdown. Futures attached to the Dow Jones Industrial Average futures (YM=F), the S&P 500 (ES=F), and Nasdaq 100 (NQ=F) all hovered between 0.1% and 0.2%…

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Tesla reports blowout Q3 deliveries as buyers plow in before federal tax credit expires

What to watch this week

The stock market will enter the third week of the government shutdown after a five-day run of market volatility shaped by US-China trade relations. At the closing bell on Friday, the S&P 500 (^GSPC), tech-heavy Nasdaq Composite (^IXIC), and Dow Jones Industrial Average (^DJI) all managed to eke out wins to cap a volatile week…

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Dow, S&P 500, Nasdaq futures sink as credit fears stalk markets

Dow, S&P 500, Nasdaq notch weekly wins after volatile week as Trump signals China talks back on track

US stocks rose on Friday as President Trump eased worries of further trade escalation with China, while regional bank stocks began to recover from significant losses amid investor jitters over bad loans and US credit quality. The Dow Jones Industrial Average (^DJI) gained more than 0.5%, while the S&P 500 (^GSPC) rose around 0.5%. The…

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