Hang Seng leads gain as markets rebound as treasury yields ease, Trump’s tax bill advances
Friday, 23 May 2025 () Equities rebounded on Friday following a previous sell-off, spurred by a slight pullback in US Treasury yields and optimism surrounding the House passage of President Trump's tax-cutting budget. Despite earlier anxieties over Moody's credit rating downgrade and tariff measures, market sentiment stabilized after the bill's approval. Federal Reserve Governor Waller's remarks about potential interest rate cuts further buoyed investor confidence.
White House Press Secretary Karoline Leavitt has unveiled the much-anticipated details of “The One Big, Beautiful Bill,” a sweeping legislative proposal championed by the administration. Leavitt..
Five House Republicans broke ranks as Trump’s key bill passed by just one vote, exposing deep GOP fractures. Thomas Massie opposed it for preserving Biden-era spending, while others like Warren..
In a stark address to Congress, Rep. Thomas Massie sounded the alarm over America’s growing national debt, calling a proposed spending measure the “Big Beautiful Bill” — a ticking time bomb...
US stocks experienced a volatile session, ultimately closing with minimal changes as declining Treasury yields mitigated earlier losses fueled by deficit... IndiaTimes
LIVE UPDATES Stock Market News: Dow Futures Set to Open Up The S&P 500 and Nasdaq Composite were also set to open higher, while Bitcoin slipped back from record... Upworthy