Stock Market Braces for Debt-Ceiling Meeting and Uncertainty

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Source: The Wall Street Journal
Stock Market Braces for Debt-Ceiling Meeting and Uncertainty
Photo: The Wall Street Journal
TL;DR Summary

Stock futures are hovering and bond yields are falling as investors await updates on debt-ceiling negotiations. President Biden and House Speaker Kevin McCarthy are due to meet Monday in a last-ditch effort to reach a deal to avoid a default. Central bank officials are scheduled to give public remarks. Zoom is due to report earnings after the closing bell. Greek assets rallied after the governing conservative party trounced the opposition in this weekend's election. Asian stocks rose.

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