Debt-ceiling deal boosts stock market futures.

1 min read
Source: The Wall Street Journal
Debt-ceiling deal boosts stock market futures.
Photo: The Wall Street Journal
TL;DR Summary

Stock futures rose and bond yields fell after a tentative deal was reached to raise the debt ceiling. The next step is for the legislation to be passed by Congress. The Conference Board's gauge of consumer confidence is due later today, and HP is set to post earnings after markets close. The Turkish lira weakened after President Tayyip Erdogan won in Turkey's runoff election, and oil prices slipped. Global stock markets were relatively unchanged.

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