by rogerscott | May 26, 2023 | Daily Videos
The major indexes crept higher as investors eyed an end to the debt ceiling negotiations. While House Speaker Kevin McCarthy said a deal had not been reached as he left the Capitol Thursday night, the White House and McCarthy are reportedly close to a deal as of...
by rogerscott | May 25, 2023 | Daily Videos
The S&P 500 and Nasdaq jumped Thursday morning on a strong earnings report from Nvidia. NVIDIA Corp. (Nasdaq: NVDA) beat both top- and bottom-line estimates and reported stronger-than-expected revenue guidance for the second quarter, causing shares to surge 25%....
by rogerscott | May 24, 2023 | Daily Videos
The major indexes fell again Wednesday morning as June 1 approaches and investors grow nervous. June 1 is the earliest expected date that the U.S. could default on its debt, as Treasury Secretary Janet Yellen has warned. Monday’s negotiations between President Joe...
by rogerscott | May 23, 2023 | Daily Videos
The major indexes fell Tuesday morning as the debt ceiling debate wages on. Monday’s negotiations between President Joe Biden and House Speaker Kevin McCarthy failed to end in a resolution, causing investors to grow nervous as the June 1 deadline approaches....
by rogerscott | May 22, 2023 | Daily Videos
The market is flat to start the week as traders await news on the debt ceiling, economic data and upcoming earnings reports from some of the biggest retailers in the U.S. President Joe Biden and House Speaker Kevin McCarthy will meet on Monday to continue...
by rogerscott | May 19, 2023 | Daily Videos
The major indexes rose Friday morning as investors continued monitoring the debt ceiling negotiations while Wall Street looks to lock in a winning week. According to recent comments from House Speaker Kevin McCarthy, a deal regarding the debt ceiling could be reached...