Debt ceiling talks and market updates: Dow Jones losses worsen while Warren Buffett buys bank stock.

1 min read
Source: Investor's Business Daily
Debt ceiling talks and market updates: Dow Jones losses worsen while Warren Buffett buys bank stock.
Photo: Investor's Business Daily
TL;DR

The Dow Jones Industrial Average fell as Home Depot disappointed investors with its latest report. Berkshire Hathaway bought shares in Capital One Financial despite the banking crisis. House Speaker Kevin McCarthy blasted President Joe Biden ahead of their debt ceiling meeting. The Nasdaq fell 0.2% as indexes faded in late trading. Advanced Micro Devices, Rambus, and GMS all tested entries. Treasury Secretary Janet Yellen warned Monday the U.S. could become unable to pay its bills as soon as June 1 if Congress doesn't act.

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