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Stocks, Oil Slip After Weak China Data; Dollar Up: Markets Wrap

(Bloomberg) -- US equities slumped as the debt ceiling impasse swings into focus dragging on sentiment. The dollar edged higher. The S&P 500 traded down 0.4% on Tuesday while the tech-heavy Nasdaq 100 slid 0.5%. The gauges have been stuck in narrow trading ranges for over a month as traders weigh the potential end of the Federal Reserveโ€™s interest rate hiking cycle against the possibility of an economic slowdown. The Dow Jones Industrial Average bucked the trend eking out a small gain. PacWest...
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