Squawk on the Street

Final Trading Day of May: Nasdaq's AI Rally, Debt Ceiling Vote Watch, China's Bear Market 5/31/23

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Show notes

Carl Quintanilla Jim Cramer and David Faber had lots to discuss on the final trading day of May: A strong month for the 

Nasdaq fueled by AI. The debt ceiling deal heads for a full House vote after clearing a key procedural hurdle.

Chinese stocks are back in bear market territory as economic reports disappoint the markets. JPMorgan Chase

CEO Jamie Dimon sends a message to Washington and Beijing during his visit to China. 

Also in focus: Shares of Advance Auto Parts plummet, a rough May for crude oil, earnings winners and losers, 

the upcoming Microsoft-Activision trial in the UK. 

 

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