The US Wall Street market fell after recording mixed readings yesterday.
Major indexes fell, driven by a more than 14% drop in Tesla electric vehicle (EV) shares in the market due to the dispute between US President Donald Trump and CEO Elon Musk.
The Dow Jones Index fell 0.25%, the S&P 500 weakened 0.53%, while the technology-focused Nasdaq slid 0.83%.
This situation occurred after Musk criticized the budget bill "One Big Beautiful Bill" which is claimed to be capable of affecting the future of clean energy and the green technology industry.
Trump, in turn, claimed that Musk was upset because the bill eliminates EV tax benefits and threatened to cancel the government contract of Musk's company, SpaceX.
In other developments, the 90-minute talks between Chinese President Xi Jinping and Trump yesterday went well, focusing on the agreement of negotiations and an invitation to an official visit to China.
The talks showed both sides were working to ease trade tariff tensions and rebuild good relations between Washington and Beijing.
Investors are now focusing on non-farm payrolls data as it plays a role in assessing the US economy, anticipating interest rate trends and predicting market movements.
US stock market volume recorded $17.4 billion compared to an average of $17.9 billion over the full 20 trading days.
