Stocks dipped Tuesday as investors digested a lackluster forecast from Home Depot. Wall Street also turned its attention to a meeting between congressional leaders and President Joe Biden on the U.S. debt ceiling.
The Dow Jones Industrial Average closed below its 50-day average for the first time since March 30. The 30-stock index dropped 336.46 points, or 1.01%, to 33,012.14. The S&P 500 fell 0.64% to 4,109.90. The Nasdaq Composite declined 0.18% to 12,343.05.
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