📈 Stocks Higher on Debt Ceiling Hopes

📈 Stocks Higher on Debt Ceiling Hopes

Here's what is happening in the markets today, Thursday, May 18

  • Stocks higher ahead of potential debt ceiling resolution
  • Indexes on track for weekly gains
  • The Russell 2000 closed above its 50-day moving average for the first time since March
  • Biden and McCarthy confident of debt ceiling resolution
  • Walmart (WMT) gains on strong earnings report
  • Regional banks continue to march higher after Wednesday's rally
  • Jobless claims and Philly Fed survey out today
  • Bath & Body Works (BBWI) jumps 10% on strong earnings report
  • VIX (Fear Index) below 17 again

PLUS: How we trade these markets and our current positions

This wraps up today's stock market news.

If you enjoyed the "Stock Market Today" episode, make sure to subscribe to this podcast.

And for more stock market news, visit our YouTube Channel: https://youtube.com/rockwelltrading2008

#todaysstockmarket #stockmarkettoday #stockmarket


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