trader nyse worried chart
  • US stocks moved lower on Tuesday amid growing fears of a US debt default.
  • President Joe Biden was due to meet top lawmakers to discuss the debt ceiling.
  • Markets are also bracing for the April inflation report to be released on Wednesday.

US stocks fell on Tuesday as investors grew anxious over the risk of a US debt default and the upcoming April inflation report.

President Joe Biden was scheduled to discuss a solution to the debt ceiling crisis with House Speaker Kevin McCarthy and other lawmakers after the closing bell.