Debt ceiling hopes drive stock market updates.

1 min read
Source: CNBC
Debt ceiling hopes drive stock market updates.
Photo: CNBC
TL;DR Summary

US stock futures were flat as traders hoped for a resolution to the debt ceiling crisis. The Dow Jones Industrial Average futures slipped by 28 points, while futures linked to the S&P 500 and Nasdaq 100 futures declined slightly. Investors' sentiment seemed to rise after Washington leaders indicated that they are moving forward on debt ceiling talks. Meanwhile, investors will be looking toward Walmart's earnings report and Alibaba's earnings report for insights on the health of the consumer. Wall Street will also watch out for the weekly jobless claims numbers to gauge the strength of the labor market.

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