Debt-ceiling deal impacts Dow Jones while Nvidia hits $1 trillion market cap.
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.