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Dow Tumbles 800 Points on Worries About US Debt
- The U.S. House of Representatives approved a multitrillion-dollar spending bill early Thursday in New York, triggering market reactions.
- The bill proposes prolonging nearly $4.5 trillion worth of tax incentives introduced during President Trump’s initial term, along with additional measures, and is anticipated to be modified by the Senate.
- Rising Treasury yields, with the 10-year reaching 4.63%, reflected investor worries about U.S. debt amid a weak government bond auction.
- David Morrison said the rise in borrowing costs shows concerns over the expanding budget deficit and national debt, while Streeter noted "ripples of worry" in markets.
- Markets mostly fell globally as higher yields increase government and private borrowing costs and could strain the economy and credit conditions.
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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.
·Charleston, United States
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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.
·Madison, United States
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Total News Sources282
Leaning Left53Leaning Right35Center90Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 30%
C 50%
R 20%
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