US: Wall Street opens lower as debt ceiling talks remain deadlocked
WALL Street’s main indices opened lower on Tuesday (May 23) as another round of inconclusive talks over increasing the US debt limit raised the spectre of an unprecedented government default.
The Dow Jones Industrial Average fell 95.98 points, or 0.29 per cent, at the open to 33,190.60.
The S&P 500 opened lower by 15.83 points, or 0.38 per cent, at 4,176.80, while the Nasdaq Composite dropped 67.90 points, or 0.53 per cent, to 12,652.88 at the opening bell. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Singtel shares up 4.2% after underlying Q1 net profit grows 21%
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry