us stocks ended lower in volatile trade on tuesday as investor jitters grew over limited progress in us debtceiling negotiations as default deadline approaches the dow jones industrial average djia dropped 231 points or 07 to finish at 33055 the sp 500 spx was off 11 posting its biggest daily decline since may 2 according to factset data the nasdaq composite comp tumbled 13 representatives of president joe biden and congressional republicans continued the debtceiling talks on tuesday with no signs of progress as the deadline to raise the us government’s 314 trillion borrowing limit is approaching white house press secretary karine jeanpierre on tuesday said the 14th amendment is not going to resolve washington’s debtceiling standoff meanwhile house speaker kevin mccarthy reportedly told republicans that the negotiations still have some distance to go uncertainty around the standoff pushed yields on treasury bills maturing between early and midjune toward 6 on tuesday the yield on the sixmonth treasury bill tmubmusd06m also went up to as high as 541 its highest level since 2000