Wall Street Stocks Finish Mixed as US Debt Default Risk Lingers
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Last Updated: May 31, 2023, 02:48 IST New York, United States of America (USA) The broad-based S&P 500 was flat at 4,205.52, while the tech-rich Nasdaq Composite Index gained 0.3 percent to 13,017.43. After rallying Friday in anticipation of an agreement, markets were muted as far-right Republicans in the House came out against the compromise Wall Street stocks finished mixed following a choppy session Tuesday, as markets weighed the remaining risk of a US debt default following the White House deal with House Speaker Kevin McCarthy. After rallying Friday in anticipation of an agreement, markets were muted as far-right Republicans in the House came out against the compromise. “McCarthy still has some tricky math to get this through the House," said Art Hogan, an analyst at B. Riley Financial. The Dow Jones Industrial Average finished 0.2 percent lower at 33,042.78. The broad-based S&P 500 was flat at 4,205.52, while the tech-rich Nasdaq Composite Index gained 0...