The S&P 500 closed near the flatline on Thursday, while the Dow Jones Industrial Average and Nasdaq Composite finished the session marginally lower.

The S&P 500 closed near the flatline on Thursday, while the Dow Jones Industrial Average and Nasdaq Composite finished the session marginally lower.

Fears have grown that a new U.S. budget bill would put even more stress on the country’s already large deficit.

US stocks managed to eke out gains on Monday as bond yields eased off bigger gains and Wall Street largely shrugged off Moody's downgrade of the US credit rating. Meanwhile, investors digested developments in President Trump's tariff salvos.

SYDNEY (Reuters) -Wall Street stock futures climbed and the dollar firmed against safe haven peers on Monday as signs of progress in U.S.-China trade talks boosted hopes a global recession might be avoided,

The dollar edged lower and US equity-index futures slipped in early trading Monday as fiscal concerns mounted over Treasuries and the trajectory of US borrowing.

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.

The general increase in risk appetite hurt gold, which has been on a tear in recent weeks as investors sought the safety in the physical metal. Gold was off 1.7% at $3,268 an ounce, short of the April all-time peak of $3,500.

Tesla share price on Monday crashed as highly valued technology stocks at the Wall Street took a hit after rising rates tend to discount the present value of future profits. Tesla led losses among megacap and growth stocks with a 4.