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

The U.S. government could be unable to pay all its bills on time if the debt limit isn’t raised or suspended by June 5.

The high-stakes confrontation could have an impact on retirements accounts, corporations and much more.

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.02%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.17% at a 13-month high. U.S. stock index futures this morning are slightly higher on signs that U.S. lawmakers are making progress on a deal to...

June S&P 500 futures (ESM23) are trending up +0.17% this morning after the S&P 500 and Nasdaq 100 closed sharply higher on Thursday as blowout guidance from Nvidia and progress on debt ceiling talks boosted market sentiment, while investors awaited a reading on the Federal Reserve’s preferred inflation gauge.

June S&P 500 futures (ESM23) are trending down -0.14% this morning after the S&P 500 and Nasdaq 100 closed sharply higher on Thursday as blowout guidance from Nvidia and progress on debt ceiling talks boosted market sentiment, while investors awaited a reading on the Federal Reserve’s preferred inflation gauge.

Asian markets have turned mostly higher as a deadline looms for Congress to reach a deal on the U.S. government debt or face a potentially damaging default

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Days from a deadline, President Joe Biden and House Speaker Kevin McCarthy are narrowing in on a two-year budget deal that could unlock a vote for lifting the nation’s debt ceiling

Lawmakers are not expected back in Washington until Tuesday, two days before Treasury Secretary Janet Yellen predicts the U.S. won’t have funds to pay its bills.