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(CNBC) -- Stocks dipped Tuesday as investors digested a lackluster forecast from Home Depot. Wall Street also turned its attention to a meeting between congressional leaders and President Joe Biden on the U.S. debt ceiling.
The Dow Jones Industrial Average traded 336 points lower, or 1.01%. The S&P 500 fell 0.64%, while the Nasdaq Composite declined 0.18%.
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Dow member Home Depot pulled back by 2.15% after the retailer reported disappointing quarterly revenue and cut its full-year guidance, as consumers postponed large home improvement projects.
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