Stocks Slide as U.S. Debt Ceiling Uncertainty Grips Investors
- King Charles III’s coronation boosted Britain’s economy this week, though it also fueled inflation.
- U.S. Treasury bill yields surged as investors grew uneasy about lawmakers' ability to raise the debt ceiling before the government runs out of cash.
- Technology stocks declined broadly amid the market turmoil.
- Investors anxiously awaited debt-ceiling news from Washington, causing major indexes to tumble.
- Global markets extended losses as the possibility of a U.S. default rattled investors worldwide.
Barron's 
