Republican Debt Ceiling Negotiator Representative Graves Says Republicans, White House Still Far Apart On Debt Ceiling Deal After Monday Night Talks
Portfolio Pulse from Benzinga Newsdesk
Republican Debt Ceiling Negotiator Representative Graves stated that Republicans and the White House are still far apart on a debt ceiling deal after Monday night talks.
May 23, 2023 | 1:06 pm
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The ongoing uncertainty in debt ceiling negotiations may lead to short-term volatility in the SPY ETF.
The lack of progress in debt ceiling negotiations between Republicans and the White House may lead to increased market uncertainty and potential short-term volatility in the SPY ETF, which tracks the S&P 500 index. Investors may be concerned about the potential economic impact of a prolonged impasse.
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