Wall Street gains traction as Dow Jones jumps 153 points

NEW YORK, New York - U.S. stocks rallied sharply on Thursday after the House of Representatives passed the controversial bill to lift and extend the debt ceiling to 2025.

After weeks of stand-off, the 314-117 vote relieved anxious investors. "Anytime a big negative or a big potential negative catalyst is removed, it helps remove some uncertainty from the market," Ross Mayfield, investment strategy analyst at Bair