Markets:
DJIA --179.030.57%
NASDAQ +12.150.09%
S&P --11.600.30%
Featured Stocks:
HBP 0.29% 3.45
IWM +1.16% 215.00
SOCL +0.79% 67.67
IIPR -1.15% 194.38

stock market breaking news

Article Index

Stock Market News Today: What Week 2 of a Government Shutdown Looks Like

By , Money Morning -

Stock market news today focuses on market reactions to the second week of the government shutdown, with markets down 80 points with just a couple hours of trading left in the day.

Investors are increasingly concerned that the conflict will not be resolved soon and fear the political stalemate will extend to the debt ceiling issue.

Without a debt ceiling resolution by Oct. 17, the United States would be in default, which would have a more damaging effect on the economy than this shutdown.

As a result, stocks are lower in trading today in all sectors. The S&P 500 is down about 0.4% at 1,683.00 points, and the Dow Jones Industrial Average is down 0.6% at 14,989.80 points.

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Stock Market News Today: Dow Up 160 Points Midday

By , Money Morning -

Your stock market news today: Equities are higher across the board this morning after Larry Summers withdrew his name from the candidates to replace Ben Bernanke as head of the U.S. Federal Reserve. Summers told President Barack Obama on Sunday that he believes his appointment would be too controversial.

The Dow is up 1% at 15,536, Nasdaq is up 0.3% at 3,732, and the S&P 500 is up 0.8% at 1,701.
Stocks are holding their gains even as new manufacturing data on the New York region reflects an unexpected decline in manufacturing activity there. Investors also received data on industrial production and capacity utilization in August this morning that revealed the biggest monthly gain in six months last month.

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