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.
Share:
More In Business

Fireworks Seller Urges Customers to Buy Early Amid Nationwide Shortage
Fireworks may be harder to come by this year amid nationwide shortages that are pushing prices up and leaving shelves empty.

The Week's Top Stories: June Jobs, Facebook Wins Big & Virgin Takes Off
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.

Jobs Up, Pay Up: Breaking Down the June Jobs Report
After two months of lower than expected job gains, the June jobs data has brought some cheer to those looking for a faster economic recovery.

Stocks Again Post Records Following Encouraging Jobs Data
Stocks are again closing higher on Wall Street, with the S&P 500 posting its seventh straight gain and seventh consecutive all-time high.

U.S. Adds a Solid 850,000 Jobs as Economy Extends Its Gains
America’s employers added 850,000 jobs in June, well above the average of the previous three months and a sign that companies may be having an easier time finding enough workers to fill open jobs.

Wall Street Hits Another Record; Energy Stocks, Banks Gain
Stocks finished broadly higher on Wall Street Thursday, adding to the gains that helped the market close out its best first half of a year since the dotcom bubble.

U.S. Jobless Claims Fall to 364,000, a New Pandemic Low
The number of Americans applying for unemployment aid fell again last week to the lowest level since the pandemic struck last year.

More Bitcoin ETFs Line Up for SEC Approval Despite Delays
The race for an exchange-traded fund (ETF) based on bitcoin is heating up despite multiple delays from federal regulators.

Wall Street Closes Out Its 5th Straight Quarterly Gain
Wall Street closed out its fifth straight quarterly gain Wednesday, continuing its comeback from a steep drop in early 2020 at the onset of the coronavirus pandemic.



