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Financial Market Breakdown – Week of May 22, 2023
Quick Highlights
Futures are flat despite no progress on the debt ceiling and an increase in trade tensions between the U.S. and China.
There was no progress on the debt ceiling over the week- end although Biden and McCarthy will meet again today to resume negotiations.
China banned the use of Micron (MU) chips in what is yet another escalation in U.S./China trade tensions.
READ MORE
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