U.S. stocks mixed amid debt ceiling crisis
With the TSX closed Monday for Victoria Day, trading continued in New York, but it continues to be mixed. As Washington wrestles with the latest debt-ceiling crisis, tech stocks modestly rose to push the Nasdaq 0.5% higher, but he Dow sank 0.42% while the S&P was flat, though it was positive most of the session.
Meanwhile, Nike slid nearly 4% after Foot Locker reported disappointing sales. Tesla jumped 4.85% in heavy trading while Alphabet rose 1.87%. The U.S. 10-year yield inched up to 3.721% while Bitcoin added 0.36% to $26,800.