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Dow Jones declines for the fourth consecutive session
US indices closed collectively lower in Wednesday's session, with the continuation of talks to raise the US debt ceiling.
The lack of progress in raising the US government's $31.4 trillion debt limit before the June 1 deadline, after several rounds of inconclusive talks, has left investors even more anxious as risks of a catastrophic default loom.
The Dow Jones index fell by 0.77%, equivalent to 255 points, retreating for the fourth consecutive session, to close below 32,800 points, and at its lowest level in nearly two months.
The S&P 500 index also fell by 0.7%, down for the second session in a row.
The Nasdaq Composite Index fell by 0.6% to lose 12,500 points, despite the continuation of the positive momentum on some major technology stocks, specifically the Meta stock, which rose by 1%, achieving its highest closing in 16 months.
