Here are the most important news items that investors need to start their trading day.
In this articleA trader works on the floor of the New York Stock Exchange in New York City, May 22, 2023.Here are the most important news items that investors need to start their trading day:Stocks kicked off the week with a jumbled session Monday, as investors work to get a grasp on the state of the economy and what could come next, especially with the debt ceiling negotiations .
However, President Joe Biden and House Speaker Kevin McCarthy both saidMonday evening that they're cautiously optimistic they can agree on a way to address the debt limit as their sides also sort out a budget compromise. Tuesday and Wednesday will be especially important for a deal to come together. Lawmakers are also up against Memorial Day weekend in a few days, and Congress hates to miss a holiday.Hyoung Chang | Denver Post | Getty Imagesto overturn the state's ban on the app.
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