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“There is not a ‘break-the-glass’ solution,” says former Treasury Secretary Steven Mnuchin of backup plans if the U.S. can’t finance its debt.
Source
MarketWatch
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Gold was steady after a gain as the US-Iran ceasefire continued to hold despite reports of a cargo vessel being targeted, easing fears of an escalation that would fuel inflation risks.
Amazon’s stock needs to rise less than 2% for the company’s market cap to top $3 trillion — something only four other companies have ever achieved.
IDC analysts say that the memory market can break from its historical tendency to see dramatic booms and busts.
Stocks in Asia are set to follow Wall Street higher, while oil steadied after its biggest drop in two weeks, as signs that a ceasefire in the Middle East is holding eased fears of a broader conflict that could threaten the global economy.
