In a nutshell, the stock market experienced a downturn yesterday as the S&P 500 Index ($SPX) (SPY) closed down by 0.73%, the Dow Jones Industrials Index ($DOWI) (DIA) finished down by 0.77%, and the Nasdaq 100 Index ($IUXX) (QQQ) ended the trading day down 0.50%. Reports indicate that the stock market indexes closed moderately lower due to the fact that lawmakers are yet to agree on a debt-ceiling deal.
