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Stocks Fall as Investors Watch Debt Ceiling Talks

Tech stocks drag major indexes lower; losses accelerate in afternoon trading

A fear for investors is how a default could disrupt repayment of Treasury debt. Photo: Ting Shen for the Wall Street Journal

Stocks wobbled for much of Tuesday before sliding deeper into the red, as Wall Street followed last-minute talks to stave off a U.S. default that some investors fear would upend financial markets.

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