US EditionDow Tumbles 800 Points on Worries About US Debt
- The U.S. House of Representatives passed a multitrillion-dollar spending bill early Thursday aiming to extend tax breaks from President Trump's first term.
- The bill passed narrowly by 215-214 along party lines and is expected to face changes in the Senate due to concerns about increasing the deficit.
- Following the vote, 10-year Treasury yields climbed to 4.63%, higher borrowing costs pressured stock markets, with solar and health care sectors showing notable declines.
- Senior analyst David Morrison noted that the increase in long-term borrowing rates is driven by heightened investor unease about the continuously growing US budget deficit.
- The bill's approval highlights investor anxiety about U.S. Debt growth that could increase borrowing costs for government, households, and businesses across the economy.
281 Articles
281 Articles
Stocks drift to a mixed close as worries about US's soaring debt continue to weigh
NEW YORK — Stocks drifted to a mixed close on Wall Street on May 22 in what has been a rocky week so far because of worries coming out of the bond market about the U.S. government's mounting debt.
Leader-Telegram
marketbeat.comHow major US stock indexes fared Thursday, 5/22/2025
U.S. stocks ended a wobbly day mostly lower in what has been a rocky week because of worries coming out of the bond market about the U.S. government’s mounting debt. The S&P 500 slipped less than 0.1% Thursday. The Dow…
Stocks drift to a mixed close as worries about the US government's soaring debt continue to weigh (copy)
NEW YORK — Stocks drifted to a mixed close Thursday on Wall Street in what has been a rocky week so far because of worries about the U.S. government’s mounting debt.
Sydney Morning Herald
ASX treads water on Friday as Rio Tinto slides, banks advance
The Australian sharemarket has risen after a choppy session on Wall Street but there are worries coming out of the bond market about the US government’s debt.
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