Major indices slide as debt talks in Washington muddle along

The major US stock indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term are closing lower in trading today as debt talks muddle along without any progress. That gave traders a reason to sell overbought levels, and traders did just that.

A snapshot of the final levels is showing:

• Dow industrial average fell -231.09 points or -0.69% at 33055.50
• S&P index fell -47.05 points or -1.12% at 4145.57
• NASDAQ NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term index fell -160.54 points or -1.26% at 12560.24

It was a big down day for the high flyers of late:

• Nvidia fell $-4.88 or -1.57% to $306.88. Nvidia will announce her earnings after the close tomorrow the recent price I extended to $318.28 the highest level since December 2021
• Alphabet fell $-2.49 or -1.99%
• Microsoft fell $-5.92 or -1.84%
• Apple fell $-2.73 or -1.57%
• Meta which was up earlier in the day fell $1.58 or -0.64%

A big winner today was Broadcom which signed a multiyear deal with Apple for 5G chips for their iPhone. Shares of AVGO is closing up $8.13 or 1.2% at 686.50