European stocks are seen opening lower on Friday after the U.S. Congress voted through a short-term spending bill to avert a government shutdown, but a potential debt default still loomed. Republicans say they will not support a debt limit hike as long as the Biden administration and Democrats stick to the ambitious spending plan.Treasury Secretary Janet Yellen says that any default on U.S. debt w...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.