Wall St slips amid US standoff

US stocks take pause, await further signs that US policymakers are nearing a deal before debt ceiling deadline.

United States stocks held modest losses into the latter hours of the trading session, as wrangling over a potential budget deal in Washington continued.

The Dow Jones Industrial Average fell 48 points, or 0.3%, to 15,254 points.

The S&P 500 index dipped three points, or 0.2%, to 1,707 points.

The Nasdaq Composite Index edged down three points, or 0.1%, to 3,812 points.

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