Final Trading Day of May: Nasdaq's AI Rally, Debt Ceiling Vote Watch, China's Bear Market 5/31/23

<p>Carl Quintanilla Jim Cramer and David Faber had lots to discuss on the final trading day of May: A strong month for the </p><p>Nasdaq fueled by AI. The debt ceiling deal heads for a full House vote after clearing a key procedural hurdle.</p><p>Chinese stocks are back in bear market territory as economic reports disappoint the markets. JPMorgan Chase</p><p>CEO Jamie Dimon sends a message to Washington and Beijing during his visit to China. </p><p>Also in focus: Shares of Advance Auto Parts plummet, a rough May for crude oil, earnings winners and losers, </p><p>the upcoming Microsoft-Activision trial in the UK. </p><p> </p><p><a href="https://www.cnbc.com/squawk-on-the-street-disclaimer/">Squawk on the Street Disclaimer</a></p>