⚠️BREAKING: *DOW SOARS ALMOST 400 POINTS AS U.S. STOCKS RALLY ON DEBT CEILING OPTIMISM $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
NEW YORK - U.S. stocks rose sharply on Wednesday, fueled by optimism over a potential deal on the $31.4 trillion federal debt ceiling and as a rebound in regional bank shares eased concerns about an escalation in the sector's troubles.
If an agreement is not reached by June 1, the U.S. Treasury has said it could begin to run out of funds to pay the government's bills, potentially igniting a recession.
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