The U.S. stock market is feeling the pressure of the ongoing debt ceiling talks in Washington, with the Dow Jones Industrial Average, S&P 500, and NASDAQ Composite all down. Investors are also looking ahead to the release of the Federal Reserve’s meeting minutes and the personal consumption expenditures report. Meanwhile, Citigroup Inc and Kohl’s Corp reported quarterly results, with the latter’s shares jumping 10%. Oil prices were rising, while gold futures were down 0.2%. With the debt ceiling deadline looming, investors will be closely watching for any signs of a resolution.
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