6/1, 10:00 PM (Source: TeleTrader)
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US closes with gains as Senate readies to lift debt limit

Stock markets on Wall Street rallied at Thursday's closing bell as Senate prepared to vote on the bill removing the debt limit after the House passed it last night. Meta Platforms announced a new VR headset, while Microsoft reportedly reached a deal with Nvidia-backed CoreWeave to enhance its cloud infrastructure.

The Dow Jones gained 0.47% or 153 points at the close. The Nasdaq 100 surged 1.31% or 187 points, with Nvidia surging another 5.12% in a continuous rally. The S&P 500 rose by 0.99%. Macy's, Dell, and Broadcom posted their respective earnings results throughout the day.

The euro added 0.68% against the dollar to sell for 1.07615, rebounding from levels observed at the end of March.

Baha Breaking News (BBN) / ND