Final Trading Day of May: Nasdaq's AI Rally, Debt Ceiling Vote Watch, China's Bear Market 5/31/23
Carl Quintanilla Jim Cramer and David Faber had lots to discuss on the final trading day of May: A strong month for the \nNasdaq fueled by AI. The debt ceiling deal heads for a full House vote after clearing a key procedural hurdle.\nChinese stocks are back in bear market territory as economic reports disappoint the markets. JPMorgan Chase\nCEO Jamie Dimon sends a message to Washington and Beijing during his visit to China. \nAlso in focus: Shares of Advance Auto Parts plummet, a rough May for crude oil, earnings winners and losers, \nthe upcoming Microsoft-Activision trial in the UK. \n\nSquawk on the Street Disclaimer