Debt ceiling deadline causes stock market uncertainty.
TL;DR Summary
Stock futures are down as talks over the debt ceiling ended without a resolution. President Biden said a default was off the table, but Treasury officials have warned that a default could come as soon as early June if an agreement isn't reached. Yelp's shares were up 9% in premarket trading after TCS Capital Management recommended a sale or merger. Elon Musk will join the WSJ's CEO Council Summit to discuss Tesla, Twitter, SpaceX, and more. Overseas stock indexes were mostly lower.
- Stock Market Today: Dow Futures Fall as Debt Ceiling Deadline Looms The Wall Street Journal
- Stock markets will start to wobble as we approach debt ceiling deadline, says Baird's Ross Mayfield CNBC Television
- 5 things to know before the stock market opens Tuesday CNBC
- Your Evening Briefing: Wall Street Holds Its Breath on Default Risk Bloomberg
- Stocks mixed ahead of renewed debt talks: Stock market news today Yahoo Finance
Reading Insights
Total Reads
0
Unique Readers
12
Time Saved
1 min
vs 2 min read
Condensed
67%
249 → 82 words
Want the full story? Read the original article
Read on The Wall Street Journal