Dow falls as Salesforce slide tempers debt deal cheer

The Dow was down 93.94 points, or 0.29%, at 32,814.33, the S&P 500 was up 3.98 points, or 0.10%, at 4,183.81, and the Nasdaq was up 21.26 points, or 0.16%, at 12,956.54. — Reuters

BENGALURU: The Dow fell on Thursday after dismal earnings from Salesforce tempered optimism sparked by passage of a bill by lawmakers to suspend the nation's debt ceiling and bets that the Federal Reserve will skip raising interest rates in its next meeting.

The bill to suspend the US$31.4 trillion debt ceiling on Wednesday passed with majority support from both Democrats and Republicans and will now head to the Senate, which must enact the measure before a Monday deadline, when the government is expected to run out of money to pay its bills.