Tuesday, May 9, 2023
Evening
- Wall Street closes down as focus shifts to inflation data, debt talks
- Oil Reverses China-Driven Drop, Rises on US Plan to Refill SPR
- McCarthy: No movement on debt ceiling in Biden meeting
- No movement on debt limit deal, McCarthy says, but leaders will reconvene Friday
- Biden, McCarthy debt ceiling talks wrap as clock ticks to US default
- ECB's Schnabel sees more rate hikes until core inflation declines too
- White House Debt-Ceiling Meeting Fails to Yield Breakthrough as Deadline Nears
Afternoon
- Wall St falls on dour earnings forecasts ahead of inflation data
- Oil Falls as China’s Slowing Export Growth Raises Alarm Bells
- McCarthy Rejects Possibility of Short-Term Debt-Limit Extension
- Deal or default? Biden, GOP must decide what’s on the table
- Williams Says Fed Is Data Dependent, Leaves Door Open to Pause
- Fed's Williams says inflation still too high, eyeing financial conditions
- Goldman Sachs Warns of Stock Volatility as Quant Traders Pile In
- OPEC+ Curbs Spark 85% Rout in Oil Tanker Rates After Boom
- Fed’s John Williams Doesn’t Say Whether More Rate Rises Will Be Needed
General
- Stocks and Oil Fall on Weak China Data; SBB Sinks: Markets Wrap
- Gold gains with debt ceiling and inflation in spotlight
- PacWest Resumes Selloff as Battered Regional Bank Stocks Slide
- Oil Drops After Two-Day Surge as China Clouds Demand Outlook
- Biden, McCarthy start debt ceiling talks as clock ticks to default
- Watch for these 5 signals from the White House debt-ceiling talks
- What to watch for in the Biden-McCarthy debt ceiling meeting
- US small business optimism deteriorates in April, NFIB says
- China's shrinking imports, slower exports growth heap pressure on economy
- Police Raid Consulting Firm as China Starts Anti-Spy Campaign
- Japan's spending downturn, wages decline heighten pressure on economy
- Japan Real Wages Drop for 12th Straight Month, as BOJ, Kishida Scrutinize Pay
- ECB may need to raise rates for longer than anticipated: Kazimir
- Putin says a 'real war' is being waged against Russia in Victory Day speech
- Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says
- Wanda in Talks With Banks on Loan Relief as Challenges Mount
- Bonds Backed by Apartments Are Under Stress as Housing Market Cools
- China Finally Has a Rival as the World’s Factory Floor
- Financial Stability Experts at the Fed Turn a Wary Eye on Commercial Real Estate
- US lenders warned that commercial property is ‘next shoe to drop’
- Weak Chinese demand pushes iron ore prices to five-month low
- Vladimir Putin defiant over Ukraine war as Russia celebrates Victory Day
- Turkey election: Erdoğan faces his greatest challenge yet
Evening
- Asian Stocks Poised for Mixed Open; Dollar Steady: Markets Wrap
- US Stocks Edge Higher as Recession Odds Chewed: Markets Wrap
- Banks tighten credit terms, see loan demand drop, Fed survey shows
- Fed Says First-Quarter Loan Standards Tightened, Demand Weakened
- Yellen says 'no good options' if Congress fails to raise debt ceiling
- Yellen is calling CEOs personally to warn on US debt ceiling, sources say
- Fast-Money Quants, Human Traders Most Split on Stocks Since 2019
- Wildfires Rage Across Canada’s Gas Heartland, Shutting Output
- Federal Spending Soars, Revenue Falls
- Federal Reserve warns of credit crunch risk after US bank turmoil
- China raids multiple offices of international consultancy Capvision