Mixed Results in Stock Market Today Following Debt Ceiling Deal Approval

1 min read
Source: The Wall Street Journal
Mixed Results in Stock Market Today Following Debt Ceiling Deal Approval
Photo: The Wall Street Journal
TL;DR Summary

US stock futures edged higher after the House approved the debt-ceiling deal. Investors are focused on the US rate outlook and key data from China and Europe. A private gauge of factory activity in China bounced back to expansion in May, while eurozone consumer-price inflation came in at an annual 6.1% rate in May, the lowest level since February 2022. The yield on the 10-year US Treasury note ticked up to 3.668%.

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