The Nasdaq Composite ended May with a 5.8% gain, while the S&P 500 added about 0.3%.
"We have been impressed by the resilience of this market since the March low, absorbing a relentless onslaught of negative sentiment and headlines," said Craig Johnson, chief market technician at Piper Sandler.
Investors are closely watching a bill that would raise the debt ceiling and cut government spending. The measure passed a key procedural hurdle in the House on Wednesday, clearing its path toCongress is rushing to approve the measure by Monday, the earliest date the U.S. risks a sovereign default. "While a deal in Washington could be a catalyst for a breakout, overbought conditions in the technology sector and mega-cap space … could make this a high hurdle for the market to clear on a near-term basis, especially without broader participation," said Adam Turnquist, chief technical strategist at LPL Financial.
Beyond the debt ceiling battle, investors are looking ahead to the Federal Reserve's June 13-14 policy meeting as another possible market catalyst. Philadelphia Fed President Patrick Harker said Wednesday that he's leaning toward skipping a rate hike at the upcoming gathering. However, he added that Friday's payrolls report could change his mind.
A slew of economic data is set for release Thursday, including weekly jobless claims and the purchasing managers' index.Check out the companies making headlines after the bell
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
WATCH LIVE: White House holds press briefing ahead of House debt ceiling voteWhite House press secretary Karine Jean-Pierre is giving a press briefing alongside National Security Council spokesman John Kirby.
続きを読む »
House to vote on debt ceiling dealThe House is expected to vote on a deal to increase the debt ceiling and limit spending Wednesday night, amid opposition from lawmakers on both ends of the political spectrum.
続きを読む »
Indy 500 purse reaches new record, Newgarden receives highest payout in historyThe Indianapolis 500 purse reached a new record: race winner Josef Newgarden earned $3.666 million and runner up, Marcus Ericsson took home $1.043 million.
続きを読む »
Penske: IndyCar sure to investigate wheel that flew over stands from Indy 500 wreckThe wheel went soaring over the fence and the corner of the grandstand before landing in the parking lot.
続きを読む »
Penske: IndyCar sure to investigate wheel that flew over stands from Indy 500 wreckIndyCar owner Roger Penske says he is sure series officials will investigate what led to a wheel coming loose during a crash in the Indianapolis 500. The wheel from Kyle Kirkwood's damaged car ended up sailing over the catch fence and grandstands before landing on a parked automobile. Nobody was hurt. The wheels are supposed to have tethers that keep them attached in the event of a crash, but it appeared that the tether came loose or was ripped apart. Penske said “we were very fortunate we didn't have a bad accident.” Kirkwood and fellow driver Felix Rosenqvist were uninjured in the crash.
続きを読む »
Roger Penske: Officials to look into how wheel flew off car and over Indy 500 standsRoger Penske acknowledged they were “very fortunate we didn’t have a bad accident” when a tire flew over the stands at the Indy 500 on Sunday.
続きを読む »