Debt-ceiling negotiations are at a "pause," said Republican Rep. Garret Graves of Louisiana, a key ally of House Speaker Kevin McCarthy, according to multiple reports. It wasn't immediately clear how long the pause would last. Graves also said the White House's team was being "unreasonable."
US500 is falling and US dollar is depreciating at the time of writing.

Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure
US100 loses 1.5% 📉
US Open: Cisco Systems slides 10% after earnings 📉 Mixed sentiments on Wall Street
BREAKING: US jobless claims slightly higher than expected