Investors Brace for Debt Ceiling Clash and Mixed Market Results.
TL;DR Summary
The stock market is expected to continue its downward trend as investors worry about the lack of progress on the debt ceiling negotiations and weak retail earnings. Netflix has started cracking down on password-sharing, while Virgin Orbit has sold off its assets after facing financial difficulties. Florida Governor Ron DeSantis is expected to announce his run for presidency in a discussion with Elon Musk on Twitter Spaces.
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