[Debt Ceiling Negotiations Failed, U.S. Stocks’ Three Major Stock Indexes Collectively Closed] U.S. stocks opened higher and moved lower on Friday. Suspension of debt ceiling negotiations dragged down the three major stock indexes. The Dow initially closed down about 110 points, and the Nasdaq closed down 0.24 %, the S&P 500 closed down 0.15%. The KBW Bank Index closed down nearly 1%, and the trend of popular Chinese concept stocks diverged. Weilai rose more than 3%, Ideal and New Oriental rose more than 1%, iQiyi fell more than 5%, Luckin Coffee and JD.com fell more than 2%.
