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Wall Street ends higher, dollar climbs on solid data, debt ceiling progress

Wall Street ends higher, dollar climbs on solid data, debt ceiling progress

May 18, 2023 | Asia, Australia, Business, Economy, Europe, US

By Stephen Culp NEW YORK (Reuters) – U.S. stocks rallied and the dollar reached a seven-week peak on Thursday as discount retail giant Walmart Inc raised its sales outlook and strong economic data calmed recession fears while also dampening hopes the Federal...
Wall St ends sharply higher, dollar hits seven-week high as debt limit talks advance

Wall St ends sharply higher, dollar hits seven-week high as debt limit talks advance

May 17, 2023 | Asia, Australia, Business, Economy, Europe, US

By Stephen Culp NEW YORK (Reuters) – Wall Street rallied to a higher close on Wednesday, gathering momentum throughout the afternoon trading, and the dollar touched a six-week high as regional banks surged and negotiations in Washington over raising the debt...
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