Dow Jones Falls Ahead Of Biden-McCarthy Debt Ceiling Meeting; Apple Slides On Downgrade


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The Dow Jones Industrial Average fell Monday ahead of a meeting between President Joe Biden and House Speaker Kevin McCarthy, as debt ceiling talks failed to make progress over the weekend. Meanwhile, Apple (AAPL) stock dropped after an analyst downgrade. X On Sunday, President Biden said in a news conference in Hiroshima, Japan, that it was "time for the other side to move from their extreme positions because much of what they've already proposed is simply, quite frankly, unacceptable." Biden and McCarthy agreed to meet Monday afternoon to attempt to reach a deal that would see the U.S. avoid a...