Dow jumps 400 points as traders bet on a debt ceiling deal being reached: Live updates

[ad_1] Traders on the floor of the NYSE, May 17, 2023. Source: NYSE Stocks rose Wednesday as investors hoped congressional leaders and President Joe Biden could come to a deal on the U.S. debt ceiling and avoid a catastrophic default. The Dow Jones Industrial Average traded 415 points higher, or 1.26%.The S&P 500 gained about … Read more

Here’s what Jim Cramer expects from key consumer earnings next week

[ad_1] Investors should “steel” themselves for a potentially challenging week ahead, with a number of earnings reports that could serve as indicators for the broader economy, CNBC’s Jim Cramer said Friday. Key numbers on retail sales come out Tuesday alongside earnings from Home Depot while Target reports earnings the following day. Those reports will be … Read more