Monday, Jun 27, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Stock Market

Stocks slip as U.S. heads into a third week of government shutdown and debt deadline approaches

NEW YORK — The stock market is slipping after a breakdown in budget talks in Washington brought the nation closer to a potential  default on its debt.

There was also no immediate hope today for reopening the U.S. government, which was entering a third week of partial shutdown.

Negotiations to clear a path for a new budget agreement ended at an impasse over the weekend.

The Dow Jones industrial average was down 31 points, or 0.2 percent, at 15,205 in midday trading today.

The Standard & Poor’s 500 index was down three points, or 0.2 percent, at 1,700. The Nasdaq composite was down a fraction at 3,791.

Bond trading is closed today for Columbus Day.

Earnings season goes into high gear this week. Coca-Cola, Johnson & Johnson, and Citigroup report results Tuesday.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…