<p>Wall Street stocks dipped Tuesday after two positive session as investors digested the latest effort to try to jumpstart Washington stimulus talks amid caution ahead of the first presidential debate.</p>.<p>The Dow Jones Industrial Average shed 0.5 per cent to 27,452.66.</p>.<p>The broad-based S&P 500 also dropped 0.5 per cent to 3,335.47, while the tech-rich Nasdaq Composite Index lost 0.3 per cent at 11,085.25.</p>.<p>Tonight's debate in Ohio pits President Donald Trump against Democratic challenger Joe Biden and comes after US politics were rocked anew by revelations from a New York Times expose that said Trump paid no taxes for 10 of the last 15 years.</p>.<p>Biden is ahead in national polls and in several crucial swing states, but a debate win by Trump could shake up that dynamic.</p>.<p>Congressional Democrats on Monday unveiled a trimmed-down $2.2 trillion stimulus bill, a scale still well above the level supported by Senate Republicans.</p>.<p>On Tuesday, a top aide to Democratic House Speaker Nancy Pelosi said the lawmaker had spoken for the second day in a row with Treasury Secretary Steven Mnuchin, and the two agreed to continue negotiating, raising hopes the impasse could end.</p>.<p>Consumer confidence in the US jumped to 101.8 in September, The Conference Board reported on Tuesday, ending months of decline with a 15 point-plus gain from August despite no new federal stimulus.</p>.<p>A note from Schwabb described markets as shrugging off the better consumer data, "with investors cautious ahead of tonight's first presidential debate."</p>.<p>Among individual companies, electric truck companies Nikola slid 7.4 percent as former chairman Trevor Milton faced accusations of sexual assault, another negative headline even though Milton has left the company.</p>.<p>Beyond Meat jumped 9.5 percent as it announced it is expanding its distribution partnership with Walmart to 2,400 stores in the US from 800 previously.</p>
<p>Wall Street stocks dipped Tuesday after two positive session as investors digested the latest effort to try to jumpstart Washington stimulus talks amid caution ahead of the first presidential debate.</p>.<p>The Dow Jones Industrial Average shed 0.5 per cent to 27,452.66.</p>.<p>The broad-based S&P 500 also dropped 0.5 per cent to 3,335.47, while the tech-rich Nasdaq Composite Index lost 0.3 per cent at 11,085.25.</p>.<p>Tonight's debate in Ohio pits President Donald Trump against Democratic challenger Joe Biden and comes after US politics were rocked anew by revelations from a New York Times expose that said Trump paid no taxes for 10 of the last 15 years.</p>.<p>Biden is ahead in national polls and in several crucial swing states, but a debate win by Trump could shake up that dynamic.</p>.<p>Congressional Democrats on Monday unveiled a trimmed-down $2.2 trillion stimulus bill, a scale still well above the level supported by Senate Republicans.</p>.<p>On Tuesday, a top aide to Democratic House Speaker Nancy Pelosi said the lawmaker had spoken for the second day in a row with Treasury Secretary Steven Mnuchin, and the two agreed to continue negotiating, raising hopes the impasse could end.</p>.<p>Consumer confidence in the US jumped to 101.8 in September, The Conference Board reported on Tuesday, ending months of decline with a 15 point-plus gain from August despite no new federal stimulus.</p>.<p>A note from Schwabb described markets as shrugging off the better consumer data, "with investors cautious ahead of tonight's first presidential debate."</p>.<p>Among individual companies, electric truck companies Nikola slid 7.4 percent as former chairman Trevor Milton faced accusations of sexual assault, another negative headline even though Milton has left the company.</p>.<p>Beyond Meat jumped 9.5 percent as it announced it is expanding its distribution partnership with Walmart to 2,400 stores in the US from 800 previously.</p>