News Focus
News Focus
icon url

MiamiGent

05/30/23 12:00 PM

#76243 RE: MiamiGent #76242

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.

(con't)