Markets Tumble on Debt Ceiling Fears and China Covid Surge

Coverage provided live by Barron's on May 24, 2023 includes financial markets such as stocks, bonds, oil, and crypto.
Treasury Secretary Janet Yellen warned of default if debt ceiling not raised, spooking markets.
International markets followed Wall Street's lead, falling on concerns over potential U.S. default.
Casino stocks dropped over worries that China's Covid surge could hurt tourism.
Stocks opened lower and remained down, with the Dow falling triple digits.