Nasdaq Extends Win Streak Despite Debt Ceiling Uncertainty

Stocks closed mixed on Tuesday, as investors questioned whether or not Congress will pass legislation to raise the U.S. debt ceiling before the potential default deadline, with many lawmakers still not back in Capitol Hill. Fears of another interest rate hike weighed on stocks as well, with the Dow shedding 50 points. Meanwhile, the S&P 500 finished flat, and the Nasdaq nabbed a third-straight daily gain.

Closing Index Summary May 302023

NYSE and Nasdaq Stats May 302023

Unusual Options Activity May 302023


Oil prices settled lower on Tuesday for their first close below the $70 region since May. Inflation woes and higher crude supplies pressured the commodity. July-dated crude dropped $3.21, or 4.4%, to close at $69.46 per barrel.

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