US stocks: Wall Street ends sharply lower on deadlocked debt ceiling talks

The S&P 500 benchmark index declined 1.12% to finish at 4,145.58 points, and the Nasdaq Composite fell 1.26% while the Dow Jones Industrial Average slid 0.69% to 33,055.51 points. Meanwhile, Federal Reserve minutes from a meeting in early May are due on Wednesday, which may determine interest rate changes.

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