June 10, 2023


Complete News World

Fear of default sent Wall Street into a tailspin

US politicians have not yet reached an agreement on the much-discussed debt ceiling. Fears of a default pushed interest rates above 6 percent, helping to send Wall Street into a tailspin Tuesday night.

  • The Dow Jones index closed down 0.69 percent, at 33,055.57 points
  • The Standard & Poor’s 500 Index fell 1.12 percent to 4,145.67 points.
  • The Nasdaq index fell 1.26 percent to 12,560.25 points.

At the time of writing, the US 10-year note was trading at 3.709 percent.

It makes user participation difficult

To convert more users into paying users, you must Netflix I felt the need to get tougher on user engagement. The tougher requirements have now reached the United States as the fifth country to implement the new rules in phases. Netflix’s share fell 1.9 percent on Tuesday.

Facebook owner meta The European Union was fined $1 billion on Monday for transferring personal data from Facebook users to servers in the United States. Meta shares fell 0.64 percent on Tuesday.

apple It rose 1 percent on Tuesday after announcing a deal with Broadcom to buy US-made chips. from Broadcom It rose 1.2 percent after the news.

Building materials series Louie It delivered quarterly numbers that were better than analyst expectations, and delivered in terms of turnover and profits. According to CNBC, management is now working to lower guidance for 2023. Lowe’s rose 1.93% on Tuesday.

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