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The US debt crisis is approaching! The think tank BPC warns that the US government could face a default risk as early as July.
The Bipartisan Policy Center (BPC) predicted on Monday that unless the USA Congress takes action to raise the government's borrowing limit, the USA government faces the risk of a partial default on $36.6 trillion in debt between mid-July and early October.
Options Market Statistics: Tesla Jumps on Tariff Hopes and Investor Interest; Options Pop
Wall Street Rallies As Tech Stocks Lead Gains
U.S. stocks made a strong rebound on Monday, with several Wall Street Institutions stating that the most intense selling in the U.S. stock market has passed.
Wall Street Analysts expect that investors may soon have a breather. From the perspectives of investor sentiment, positions, seasonal factors, and multiple Indicators, the most severe phase of decline in the US stock market may have passed. Although strategists believe the US stock market is about to enter a calm period, most have not explicitly advised clients to fully bet on the US stock market at this time. Currently, uncertainty in trade policy still looms over the market, and there are ongoing concerns that enthusiasm for AI may have driven up the valuations of Technology stocks. There remains a divide on Wall Street regarding whether to 'Buy on the dips.'
U.S. stocks closed: Trump signals tariff exemptions and the three major U.S. stock indices all rose.
1. Trump's latest statement alleviates anxiety over tariff impacts, with all three major indexes rising, the Nasdaq up over 2%, and Tesla nearly rising 12%; 2. Targeting China's Innovative Drugs capabilities, Novo-Nordisk A/S acquires authorization for a new weight loss drug from a Guangdong pharmaceutical factory; 3. The "Priority Notification" feature appears in Apple's iOS 18.4 RC version; 4. Alibaba open-sources the Qwen2.5-VL-32B-Instruct model.
'Peak Uncertainty' on Tariffs Still Looms Over Stock Market Despite Monday Bounce
