Stocks surge as debt crisis eases and tech giants approach record highs.

1 min read
Source: Investor's Business Daily
Stocks surge as debt crisis eases and tech giants approach record highs.
Photo: Investor's Business Daily
TL;DR

The Dow Jones Industrial Average rose 0.6% while the Nasdaq and S&P 500 made larger gains. Apple is near record highs, trading at a level last seen in January 2022. Fresh jobs data shows sticky inflation. The House passed the debt-ceiling bill in a 314-117 vote. In retail, Macy's pared early losses after the retailer cut its outlook for the year. Some key software earnings reports are on deck after today's close.

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