Nvidia stole the earnings spotlight last week. This week, it's all about the debt ceiling

Last week was all about the tech-heavy Nasdaq Composite, which rallied on the back of Club holding Nvidia's (NVDA) stand-out earnings report.

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May 29, 2023 - 21:04
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Nvidia stole the earnings spotlight last week. This week, it's all about the debt ceiling

Speaker of the House Kevin McCarthy talks to reporters about the debt ceiling after the departure of White House negotiators, at the U.S. Capitol in Washington, U.S., May 23, 2023. 

Kevin Lamarque | Reuters

As has been the case for most of the year, last week's equities story centered around the tech-heavy Nasdaq Composite, which rallied Thursday and Friday on the back of Club holding Nvidia's (NVDA) stand-out earnings report.