European markets brace for mixed open as US debt ceiling talks continue. President Biden and House Speaker McCarthy set to meet on Monday regarding the potential default. Treasury Secretary Yellen emphasizes the urgency of raising the debt ceiling to avoid defaulting by June 1. Asia-Pacific markets show mostly positive signs, while US stock futures experience a slight retreat.
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Summary
Article Name
European Markets Cautious as U.S. Debt Ceiling Talks Resume
Description
European markets brace for mixed open as US debt ceiling talks continue.
Author
Susan Jane
Publisher Name
CNBC
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