Nasdaq boosted by Nvidia, tentative debt deal cheer REUTERS - 10:30 AM ET 5/30/2023 By Shreyashi Sanyal
(Reuters) - The Nasdaq led gains among Wall Street's main indexes on Tuesday, boosted by shares of Nvidia ( NVDA ), amid optimism about lawmakers tentatively agreeing to raise the nation's debt limit to avert a default.
U.S. President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy on Sunday signed off on an agreement to temporarily suspend the debt ceiling and cap some federal spending.