Good afternoon. Markets climb, U.S. House passes debt limit bill, and Apple stock is approaching a record high.
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks climbed on Thursday, the first trading day of June.
Apple nears record. Apple, the most valuable company in the world, is approaching a record high:
Why markets rose today: The U.S. House passed a bill that suspends the debt ceiling through early 2025, preventing a default.
The crypto market fell slightly on Thursday. Bitcoin finished May down 7%, its first red month of 2023.
Catch Up
Fed officials signaled on Wednesday they are likely to hold rates steady at their June meeting.
Nvidia briefly reached a $1 trillion market capitalization this week.
Twitter is worth one-third of the $44 billion Elon Musk paid for the company, according to Fidelity.
What Else?
