Stock Market Today: Dow Closes Lower as Debt-Ceiling Deal in Focus - The Wall Street Journal

Meanwhile, Nvidia touched the $1 trillion market cap club, but closed short of that threshold.

Stock indexes ended mixed. They started out higher before wavering. The Nasdaq Composite closed up, while the Dow Jones Industrial Average declined. The S&P 500 was around flat.

Treasury bonds gained. The yield on the benchmark 10-year Treasury note edged down, reversing direction after rising for three straight sessions last week. It reached 3.697%, down from 3.820% at the previous close.

Consumer confidence waned. The Conference Board’s gauge of public confidence in the U.S. economy declined from April to May but topped analysts' expectations.

U.S. home prices weakened. The S&P CoreLogic Case-Shiller National Home Price Index rose a seasonally adjusted 0.4% in March, compared with February, and 0.7% from a year earlier. It was the smallest year-over-year increase in more than a decade. Prices declined in some Western markets, such as San Francisco, Seattle and Phoenix.

Energy stocks were losers again. The worst performing sector in the S&P 500 this year led the way lower as fuel prices fell.

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