Closing Bell Overtime: AI Stock Boom Not Slowing Down; Debt Ceiling Talks Still Open 5/30/23

Published: May 30, 2023, 9:13 p.m.

More gains in tech but the Dow closed. Unlimited Funds\u2019 CIO Bob Elliott and Macquarie Group\u2019s Thierry Wizman break down the market action. Earnings from HP, HPE and Box. Roger Ferguson, former Fed vice chairman, discusses the latest developments in the debt ceiling talk after an initial agreement was struck between President Biden and Speaker McCarthy. Oil fell under $70 a barrel for the first time in nearly a month; Citi\u2019s Ed Morse discusses the recent weakness across commodities. Evercore\u2019s Amit Daryanami breaks down earnings from HP and HPE. Plus, Pangaea Policy\u2019s Terry Haines talks posturing versus reality in the next 24 hours of the debt ceiling bill.