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Major stock markets mixed after US debt ceiling agreement; tech companies gain ahead of Nvidia's AI announcements

  • European stock markets stabilized with reduced trading volumes due to UK and US holidays.
  • US futures indicate a slight increase after provisional agreement to raise debt ceiling, but approval from Congress is still needed.
  • European stock markets closed slightly lower on Monday while London and New York stock markets were closed for holidays.
  • New York Stock Exchange opened with mixed results on Tuesday as tech companies saw gains following Nvidia's announcement on AI products and partnerships..
  • Agreement on the US debt ceiling suspension until January 2025 has been reached between the White House and Republicans decreasing the risk of a short-term default.
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