Cheddar News looks ahead to Thursday as another day of earnings is slated to hit the markets along with a revised reading of GDP data.
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Alex Morris, president and chief investment officer with F/M Investments, joined Cheddar News to discuss Wednesday's trading session as stocks climbed amid optimism over a potential debt ceiling deal just days ahead of a deadline.
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Wall Street rose along with hopes that the U.S. government can avoid a default on its debt. The S&P 500 rose 1.2% Wednesday.
Musk Says He's Not Stepping Down as Tesla CEO, Tells Shareholders the Company Will Advertise
Elon Musk on Tuesday dismissed speculation that he might step down as Tesla's CEO and told the company’s annual shareholders meeting that the electric car and solar panel company would start doing some advertising.
