Quantcast


Last updated: October 07. 2013 8:36AM - 226 Views
Associated Press



FILE - In this April 7, 2006, file photo, Alcoa Warrick Operations employee Fred Westbrook inspects the finished rolls of aluminum as they come off the last stage of the production line in Newburgh, Ind. Alcoa Inc. reports quarterly financial results after the market closes on Monday, Oct. 7, 2013.  (AP Photo/ Daniel R. Patmore, File)
FILE - In this April 7, 2006, file photo, Alcoa Warrick Operations employee Fred Westbrook inspects the finished rolls of aluminum as they come off the last stage of the production line in Newburgh, Ind. Alcoa Inc. reports quarterly financial results after the market closes on Monday, Oct. 7, 2013. (AP Photo/ Daniel R. Patmore, File)
Story Tools:

Font Size:

Social Media:

(AP) Stock futures are falling sharply as the U.S. government heads into the second week of a partial shutdown with no signs of a budget agreement in sight.


Dow Jones industrial futures are down 125 points to 14,873. S&P futures have lost 15.3 points to 1,669.50. Nasdaq futures are down 25.5 points to 3,209.


The Dow Jones gave up more than a percentage point last week and with the shutdown trimming an estimated 0.2 percent from gross domestic product every week, Washington will be watching Wall Street closely Monday.


The stalemate by all accounts will extend into the beginning of the U.S. earnings season, when Alcoa reports third quarter results after the closing bell Tuesday.


The Federal Reserve will release its consumer borrowing report at 3 p.m. Eastern on Monday.


Associated Press
Comments
All user comments are subject to our Terms of Service. Users may flag inappropriate comments.
comments powered by Disqus



Featured Businesses


Poll



Info Minute



Gas Prices

Wilkes-Barre Gas Prices provided by GasBuddy.com