THE MARKET WEEK:  as of market close May 19 2023

A jump in tech shares pushed stocks higher last Monday as investors continued to focus on debt ceiling negotiations at the White House.

The small caps of the Russell 2000 outperformed the indexes listed here, climbing 1.2%. The Nasdaq rose 0.7%, followed by the Global Dow (0.5%), the S&P 500 (0.3%), and the Dow (0.1%). Crude oil prices gained 1.8% to $71.28 per barrel as OPEC+ prepared to cut supplies. Ten-year Treasury yields added 4.5 basis points to reach 3.50%. The dollar slipped while gold prices inched higher.

• WALL STREET RALLIED, FUELED BY OPTIMISM THAT AN AGREEMENT COULD BE REACHED REGARDING THE DEBT CEILING
• STOCKS ROSE FOR A SECOND STRAIGHT SESSION LAST THURSDAY
• STOCK MARKET INDEXES
• EYE ON THE WEEK AHEAD