wall street stocks saw a mixed opening on thursday after us lawmakers voted to pass a deal on the debt limit marking a crucial first step to avert a catastrophic default the dow jones industrial average slipped 05 percent shortly after trading started to 3274125 the broadbased sp 500 ticked down less than 01 percent to 417809 while the techheavy nasdaq composite index was nearly flat at 1293434 the debt limit deal is anticipated to clear the senate after getting the green light from the house of representatives likely heading for president joe bidens approval before the country runs out of funds to pay all its obligations but market movements were muted following a rally last friday and expectations that the deal would be done before the deadline said patrick ohare of briefingcom there is also a narrative at work that the market could now run into a wall of liquidity constraint as the treasury department replenishes its general account he said hammered out between biden and republican leaders the pact suspends the debt ceiling through 2024 slightly cutting government spending next year the market was bought up before on the rumor of the deal getting done said adam sarhan of 50 park investments with the deal likely to clear subsequent hurdles theres a high likelihood that the market drops a little bit to digest and move before going higher again he said on thursday payroll firm adp also reported that private sector job gains slowed less than expected indicating continued strength in the key labor market among individual companies shares of software company salesforce slumped 61 percent and artificial intelligence firm c3ai plunged 224 percent both after reporting their latest earnings