Western Alliance and Regional Bank Stocks Rally on Positive Debt-Ceiling Update and Deposit Growth

1 min read
Source: The Wall Street Journal
Western Alliance and Regional Bank Stocks Rally on Positive Debt-Ceiling Update and Deposit Growth
Photo: The Wall Street Journal
TL;DR Summary

Stocks rose on Monday following a positive update on the debt-ceiling negotiations. The market responded positively to news that lawmakers were making progress on a deal to raise the debt ceiling and avoid a potential default. The economy has been closely watching the negotiations, which have been a source of uncertainty and volatility in recent weeks.

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