US debt ceiling page 2

US Stocks Slide on Weak Home Depot Forecast and Retail Sales; Gold Prices Dip Amid Debt Ceiling Uncertainty | Daily Market Analysis

Key events Eurozone - CPI (YoY) (Apr)  UK - BoE Gov Bailey Speaks USA - Building Permits (Apr)        USA - Crude Oil Inventories On Tuesday, the US stock indices ended the day in negative territory due to unfavorable predictions made by Home Depot (NYSE: HD) and the release of April's US retail sales data, which indicated a decrease in consumer spending. Additionally, concerns surrounding interest rates and ongoing negotiations regarding the debt limit had a dampening effect on market sentiment.

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