Debt-ceiling deal impacts Dow Jones while Nvidia hits $1 trillion market cap.
TL;DR Summary
The Dow Jones Industrial Average fell while tech stocks surged after President Biden and House Speaker Kevin McCarthy reached a deal to raise the debt ceiling. Housing data showed an unexpected rise in home prices. Nvidia hit $1 trillion in market capitalization for the first time. The House is expected to vote on the debt-ceiling deal Wednesday night. Best stocks to buy include Arista Networks, ASML, Salesforce, Boeing, and Taiwan Semiconductor. Tesla stock rose after CEO Elon Musk's visit to China. Dow Jones leaders Apple and Microsoft also saw gains.
- Dow Jones Falls On Debt-Ceiling Deal; Nvidia Surges To $1 Trillion Market Cap | Investor's Business Daily Investor's Business Daily
- Stock Market Today: Dow Slides 100 Points as Debt-Ceiling Deal Faces First Hurdle The Wall Street Journal
- S&P 500 Gains Fade After AI-Fueled Rally in Stocks: Markets Wrap Yahoo Finance
- Stock market news today: Markets trade mixed, yields slip after debt limit agreement Seeking Alpha
- U.S. stocks open mostly higher, with gains led by tech-heavy Nasdaq MarketWatch
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