Bloomberg Daybreak: US Edition cover image

Debt Ceiling Impasse; DeSantis to Launch Presidential Run

Bloomberg Daybreak: US Edition

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The S&P 500 and the NASDAQ Fell More Than 1% Yesterday

S&P 500 and the NASDAQ fell more than 1% yesterday with debt ceiling talks at an impasse in Washington. House Speaker Kevin McCarthy said they're not there yet. Neither side is going to get exactly what they want, says CNN's John Sutter. No vote on a deal might not happen until next week; Treasury Department could run out of cash as soon as Thursday.

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