Wall Street falters as U.S. Senate delays health vote

The tech-heavy Nasdaq led a broad Wall Street decline on Tuesday with stocks falling more sharply after a healthcare bill was delayed in the US Senate, raising fresh questions about President Trump’s domestic agenda.

The benchmark S&P 500 posted its biggest one-day drop in about six weeks and closed at its lowest point since May 31.

The Dow Jones Industrial Average fell 98.89 points, or 0.46 percent, to 21,310.66, the S&P 500 lost 19.69 points, or 0.81 percent, to 2,419.38 and the Nasdaq Composite dropped 100.53 points, or 1.61 percent, to 6,146.62.

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Posted in: Indian Market Tips