Dow closes more than 300 lower on discouraging Home Depot forecast, debt-ceiling concerns
Tuesday, May 16th 2023, 8:33:12 pm
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(CNBC) -- 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 traded 336 points lower, or 1.01%. The S&P 500 fell 0.64%, while the Nasdaq Composite…
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