NEW YORK ( TheStreet) - Global indices ended in the red this week amid ongoing U.S. debt woes. Compared to the emerging markets, U.S. indices suffered bigger declines. India's Nifty slumped 2.8%, marking the highest fall. Brazil's Bovespa followed declining 2.6%, while China's benchmark Shanghai Composite Index dipped 1.9% at close last week.The S&P 500 and the Dow Jones shed the most of 3.2% and 3.8%, respectively. During the past week, most of the stocks across the index declined as the U.S. government's failure to strike a deal on the national debt ceiling left the markets nervous.
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