[Breaking] New York Stock Market Falls Over 1% on Home Depot Earnings... Watching Debt Negotiations
The three major indices of the U.S. New York stock market all closed lower on the 16th (local time) amid worsening investor sentiment due to Home Depot's disappointing earnings, while closely monitoring the second meeting between President Joe Biden and House Speaker Kevin McCarthy regarding the debt ceiling.
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On that day, the Dow Jones Industrial Average closed down 1.01% from the previous session. The large-cap-focused S&P 500 index fell 0.64%, and the tech-heavy Nasdaq index closed down 0.18%.
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