{"id":67989,"date":"2023-05-15T09:03:05","date_gmt":"2023-05-15T13:03:05","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=67989"},"modified":"2023-05-15T09:03:05","modified_gmt":"2023-05-15T13:03:05","slug":"coffee-with-greta-debt-ceiling-talks-make-progress","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2023\/05\/15\/coffee-with-greta-debt-ceiling-talks-make-progress\/","title":{"rendered":"Coffee With Greta: Debt Ceiling Talks Make Progress"},"content":{"rendered":"

DJIA Futures: <\/b>+58 (+0.2%)<\/span><\/p>\n

SPX Futures: <\/b>+9 (+0.2%)<\/span><\/p>\n

NASDAQ Futures: <\/b>+30 (0.2%)<\/span><\/p>\n

Good morning friends!<\/span><\/p>\n

Futures are higher amid optimism over debt ceiling talks.<\/span><\/p>\n

Let\u2019s get right to it!<\/span><\/p>\n

Debt Ceiling Negotiations Continue<\/span><\/h2>\n

President Biden is expected to meet on Tuesday with the big four Congressional leaders about the debt ceiling.\u00a0<\/span><\/p>\n

Sources say there were \u201cproductive\u201d staff-level negotiations over the weekend.\u00a0<\/span><\/p>\n

This comes after Friday\u2019s meeting was postponed in order to provide more time for lower-level talks.\u00a0<\/span><\/p>\n

The Treasury Secretary says the U.S. is facing a June 1 default deadline to raise the debt limit.<\/span><\/p>\n

Big Retail Earnings Week<\/span><\/h2>\n

This will be an important week to help traders gauge the health of the U.S. consumer.\u00a0<\/span><\/p>\n

Several big retailers are scheduled to report Q1 results this week:<\/span><\/p>\n