US stocks fell on Thursday to kick off June as investors watched the debit limit deal move through Congress.
The House passed bipartisan legislation on Wednesday evening, easing concerns of a potential US default. It's now moving to the Senate. President Joe BidenTraders are also looking ahead to the Federal Reserve's next policy meeting on June 13-14, when central bankers will deliberate over their next move on rates. The Fed has raised borrowing costs 10 straight times since March of 2022 in a bid to curb high inflation.Here's where US indexes stood shortly after the 9:30 a.m.
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