Wednesday, May 24, 2023

US stocks: Wall Street ends down as debt-ceiling clouds hover

US stocks fell, with the S&P 500 and the Dow Jones Industrial Average both down by 0.73% and 0.77%, respectively. The Nasdaq Composite dropped 0.61%. Discussions between Republicans and the White House over raising the debt ceiling have not yet concluded, triggering investor anxiety as the June 1 deadline approaches.

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