Debt Ceiling Negotiations Continue

Key Takeaways

• Debt Ceiling Negotiations Continue
• Tech Stocks Stay Strong
• Fed Members Speaking This Week

As we head into the last full week of May, it’s become a tale of two markets. While the S&P 500 gained over 1.5% last week, the Nasdaq Composite doubled that with a gain of 3% as market leaders tallied impressive gains. Regional banks also turned in a strong week following what continues to be a turbulent year in the sector.