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Stock futures slip as investors eye debt ceiling clash in Washington

May 24, 2023
George Drachas The Uncomplicated Guide to Investing

Futures linked to the Dow Jones Industrial Average fell by 61 points, or 0.2%. S&P 500 futures declined by 0.2%, and Nasdaq-100 futures were down 0.1%. Treasury Secretary Janet Yellen previously warned lawmakers that a potential default in early June is “highly likely.” House Speaker Kevin McCarthy said he had a “productive” discussion with President Joe Biden on Monday. Nonetheless, there were few indicators of progress made in negotiations on Tuesday.


Article Source: CNBC

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