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Sector movers: Big Oil drops amid caution around US debt ceiling, soft Chinese data
Big Oil was the main drag on the FTSE 350 at the start of the week as investors showed caution ahead of a key vote scheduled for the next day in the US House of Representatives on raising the government's debt ceiling deal.
US open: Stocks slightly mixed amid debt ceiling caution
Investors on Wall Street returned in a cautious mood from the Memorial Day break as the most aggressive Republicans and Democrats vowed to oppose the debt ceiling deal agreed over the weekend between the President and conservative leaders.
US consumer confidence dips in May, Conference Board says
American consumers were in a slightly dourer mood in May with assessments of current conditions less positive and their outlooks still gloomy, the results of a survey revealed.
US home prices rise again in March, S&P Case Shiller index shows
Home prices in the States rose for a second straight month in March, helped by a dearth of available inventory, the results of a closely watched survey revealed.