» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 37 | NO. 39 | Friday, September 27, 2013




Stocks end lower as US nears shutdown

Print | Front Page | Email this story

NEW YORK (AP) — Stocks are closing lower as Wall Street braces for a government shutdown.

Investors pulled back from stocks Monday as a budget fight in Congress threatened to push the federal government into a partial shutdown for the first time in 17 years. Lawmakers have until midnight Tuesday to reach a budget deal that would keep government in full operation

The Dow Jones industrial average fell 128 points to close at 15,129. The Standard & Poor's 500 index lost 10 points to 1,681. The Nasdaq fell 10 points to 3,771.

There was little evidence that the Democratic-controlled Senate and Republican-led House of Representatives were any closer to a budget agreement Monday afternoon, hours before the deadline.

The dispute is poised to continue into mid-October as legislators debate raising the nation's borrowing limit.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0