
As investors face the uncertainty around midterm election results and turmoil in cryptocurrency markets, U.S. stocks fell on Wednesday, snapping a three-day winning streak. The stock market has experienced wild swings this year amid ongoing macroeconomic and geopolitical issues.
Amid the Fed’s consecutive rate hikes, gross national debt in America has hit new heights, surpassing $31 trillion, according to a recent U.S. treasury report. The dramatic rise in interest rates over the past few months are causing considerable economic damage and financial market stress.