A U.S. Senate committee voted to advance the nomination of First Capital executive Brian Johnson to be Director of the Consumer Financial Protection Bureau (CFPB) to the next stage.

Seema Shah, chief global strategist at Principal Asset Management, said the market debate has shifted from whether rates will rise again to how many more hikes will follow. She said the Fed's unanimous vote on the recent decision shows rising energy prices and persistent inflation have forced doves to join hawks, making a one-and-done outcome unlikely, and added that with markets pricing multiple hikes policymakers may need at least one more to preserve credibility.

Lucid Group (LCID.O) partners with Bolt to develop and deploy autonomous mobility services.