Brian Jacobsen, chief economist with Annex Wealth Management, joined Cheddar News to discuss the positive sessions for the stock market as investors were optimistic of a debt ceiling deal ahead of the June 1 deadline.

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U.S. Stocks Close Sharply Lower Amid Treasury Yield Spike
U.S. stocks closed sharply lower on Monday as investors weighed record-high Treasury yields, the ongoing Russia-Ukraine conflict, potential policy moves from the Federal Reserve, and the start of earnings season. Ross Mayfield, investment strategy analyst at Baird, joined Cheddar News' Closing Bell to discuss. "We expected volatility to continue after this recent rally of the last past few weeks. None of the big headwinds have really changed," he said.
McLaren Parks Its All-Electric Racing Car Odyssey in Front of NYSE
McLaren displayed its all-electric, off-roading racing vehicle, the Odyssey, in from of the New York Stock Exchange on Tuesday. Zak Brown, CEO of McLaren Racing, joined Cheddar News to discuss bringing the heavy-duty vehicle to a new racing series with an emphasis on sustainability — and even gender equity with a male and female team of two drivers required. "This is McLaren's first-ever Odyssey, which is an EV. Looks like an SUV — but not really much of an SUV — that we raced five times around the world in various locations where climate has impacted the world," he said.
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