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Last updated: October 07. 2013 12:38PM - 155 Views
Associated Press



Trader Richard Scardino works on the floor of the New York Stock Exchange, Wednesday, Oct. 2, 2013. The U.S. stock market fell on the second day of a government shutdown after a private poll showed that employers added fewer jobs last month than economists had forecast.  (AP Photo/Richard Drew)
Trader Richard Scardino works on the floor of the New York Stock Exchange, Wednesday, Oct. 2, 2013. The U.S. stock market fell on the second day of a government shutdown after a private poll showed that employers added fewer jobs last month than economists had forecast. (AP Photo/Richard Drew)
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(AP) The stock market is lower as the U.S. government heads into a second week of a partial shutdown with no signs of a budget agreement in sight.


The Dow Jones industrial average was down 76 points, or 0.5 percent, at 14,996 as of noon Eastern time Monday. It was down as much as 151 points in early trading.


The Standard & Poor's 500 index was down seven points, or 0.4 percent, at 1,683. The Nasdaq composite fell 20 points, or 0.5 percent, to 3,787.


The Dow lost 1.2 percent last week as investors became anxious that the budget stalemate in Washington could bring the U.S. closer to defaulting on its debt. Lawmakers have until Oct. 17 to reach a deal on increasing the nation's borrowing limit.


Associated Press
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