Stocks on Edge Ahead of Debt Limit Meeting, and Why Be Bullish on Schwab? 5/8/23

CNBC's "Fast Money"

The S&P and Dow eked out gains today, while the Dow dropped about 55 point ahead of tomorrow’s meeting between President Biden and House Speaker Kevin McCarthy. What the debt limit showdown, on top of inflation data and more earnings, could mean for investors. Plus, shares of Charles Schwab closed just off their lows of the year today. But is there any hope for the troubled broker?

 

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The S&P and Dow eked out gains today, while the Dow dropped about 55 point ahead of tomorrow’s meeting between President Biden and House Speaker Kevin McCarthy. What the debt limit showdown, on top of inflation data and more earnings, could mean for investors. Plus, shares of Charles Schwab closed just off their lows of the year today. But is there any hope for the troubled broker?

 

Fast Money Disclaimer


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

2023-05-08 44 min
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