Power Breakfast: Wall Street Stocks Fall Amid Uncertain Talks, Growing Worries Over US Debt Default

The US market fell due to the debt crisis not being resolved yet. The Dow fell 230 points, while the Nasdaq fell 160 points. The meeting between US President Biden and the House Republican Speaker ended without any conclusion over raising the debt ceiling. As such, this made an impact on the US stock market. Apart from this, shares of Apple, Alphabet and Microsoft fell.