Wall St rallies on debt ceiling optimism, regional bank rise
The U.S. stock market rose sharply on Wednesday, with the Dow Jones Industrial Average (DJIA) rising 1.24%, the S&P 500 gaining 1.19%, and the Nasdaq Composite gaining 1.28%. The rally was 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. President Joe Biden and top U.S.
