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Article snippet: Nervousness over North Korea and debt ceiling discussions in Washington sent stock indexes sliding on Tuesday to their largest single-day losses in three weeks. The Dow Jones industrial average tumbled 234.25 points, or 1.07 percent, to 21,753.31. The Standard & Poor’s 500-stock index lost 18.7 points, or 0.76 percent, to 2,457.85. The Nasdaq composite sank 59.76 points, or 0.93 percent, to 6,375.57. In Asia, the markets did not react as strongly, with only small dips. Each U.S. index had been on a multiday upward trend. The market close on Tuesday represented the steepest fall for each gauge since Aug. 17, when the markets were processing news of a terrorist attack in Barcelona and the dissolution of two of President Trump’s business advisory councils. Coming out of the Labor Day weekend, however, investor jitters stemmed from tensions in Asia. North Korea tested its sixth nuclear bomb on Sunday and drew warnings from the United States of a “massive military response.” Nikki R. Haley, the United States ambassador to the United Nations, told an emergency session of the United Nations Security Council on Monday that North Korea’s leader, Kim Jong-un, “is begging for war.” The market is also wary of a potential fight in Congress over raising the debt limit. Treasury Secretary Steven Mnuchin has asked for an increase of statutory borrowing caps by Sept. 29, but his request is likely to be met with demands that the increase come with spending cuts or resistance t... Link to the full article to read more