Wall Street with warm closing. All waiting for Biden – Stock Exchange

Wall Street ended this Monday’s session with slight gains, at a time when investors focus their attention on the White House, where US President Joe Biden is meeting tomorrow with Congressional leaders, to try to prevent a possible “default”. ” from the USA.

The industrial Dow Jones ended the session gaining 0.15% to 33.350,40 points, while the S&P 500 gained 0.30% to 4,136.30 points. The technological Nasdaq Composite raised 0.66% to 12.365,21 points.

The US Secretary of the Treasury, Janet Yellen, warned of the risk of the United States going into default as of June 1.

President Joe Biden is meeting this Tuesday with the Republican Majority Speaker of the House of Representatives, Kevin McCarthy, and other congressional leaders for negotiations that aim to avoid this scenario.

The meeting was scheduled for last Friday, but it was postponed due to the development of work on this subject by the teams of the various parties involved, with the work being extended over the weekend.

This Sunday, Biden gave, in statements to journalists in Delaware, a note of hope about the future of these talks. “There is a desire, both ours and on the part of [dos líderes do Congresso]to reach an agreement”, stressed the head of state.

Investors were attentive to Microsoft shares, which added 0.16%, after the technology received the green light from the European Commission to buy Activision Blizzard.

Source: Jornal de Negócios by www.jornaldenegocios.pt.

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