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01 Jun 2023

Stocks slide amid strong jobs data, looming debt ceiling vote: Stock market news today May 31, 2023

Stocks slide amid strong jobs data, looming debt ceiling vote: Stock market news today May 31, 2023#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto To get the latest markets news check out finance.yahoo.com US stocks traded lower Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, strong US jobs data and China’s economic woes pressured global markets. The S&P 500 (^GSPC) fell 0.81%, erasing its monthly gain on the last day of the trading session in May. The Dow Jones Industrial Average (^DJI) dipped 0.80% or more than 260 points. The technology-heavy Nasdaq Composite (^IXIC) slipped 0.80% at 12:20 pm ET. US bond yields weakened as investors fretted over the potential impact of the debt-limit

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