The Latest Breaking News on Dow Jones Gains Despite Johnson Debt-Plan Hurdles; Cathie Wood Buys This Stock Amid 22% Plunge

Mining giant BHP has admitted to underpaying nearly 30,000 employees since 2010, while the ASX has closed higher after the US House of Representatives votes to suspend the debt ceiling.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.41%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed down -0.70%. Stock indexes Wednesday posted moderate losses. Global economic concerns...

The major benchmarks spent most of Wednesday in the red as the House prepares to vote on the debt ceiling deal this evening.

Soaring recessionary concerns and associated uncertainties could keep the stock market in a tight spot. Therefore, investors looking for a stable return can watch quality dividend-paying stocks QUALCOMM (QCOM) and AvalonBay Communities (AVB) now. However, dividend stock The Southern Company (SO), with bleak fundamentals, might be best avoided. Read on….

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.81%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.60%. U.S. stocks this morning are moderately lower on global...

Congressional forecasters say the debt ceiling deal struck by President Biden and House Speaker Kevin McCarthy over the weekend would reduce deficits by about $1.5 trillion over the next decade.

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.47%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.46%. U.S. stock index futures this morning are moderately lower on global economic concerns after Chinese reports showed manufacturing and service sector activity slowed more than...

If Democrats don't abolish this monstrous terrorist weapon the next time they get a trifecta, it'll be unforgivable

Freedom caucus denounces House leader Kevin McCarthy’s deal with Joe Biden to raise the debt ceiling before the default deadline

June S&P 500 futures (ESM23) are down -0.14%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.18% this morning as market participants digested weak Chinese manufacturing data while nervously awaiting the final vote on the U.S. debt ceiling deal.

WASHINGTON: A deal to raise the US debt ceiling passed its first major test in Congress on Tuesday, surviving a crucial procedural vote amid a conservative backlash that resurrected the threat of the country's first-ever default.