Debt ceiling progress and market fluctuations: Latest updates.

1 min read
Source: CNBC
Debt ceiling progress and market fluctuations: Latest updates.
Photo: CNBC
TL;DR Summary

Stock futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq-100 are up 0.1% as investors await updates on debt ceiling negotiations between President Joe Biden and House Speaker Kevin McCarthy. The meeting comes with just 10 days until June 1, which is the earliest date that the U.S. could default, according to Treasury Secretary Janet Yellen. Investors are also watching for corporate earnings from retail stocks including Lowe's, BJ's Wholesale, and Dick's Sporting Goods, as well as morning data on the manufacturing and services sectors and new home sales.

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