Thursday, July 10, 2014





Futures fall sharply as US careens toward shutdown


September 30. 2013 8:38AM
Associated Press



Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) U.S. stock futures are falling sharply as the federal government careens toward a partial shutdown.


Dow Jones industrial futures are down 126 points to 15,069. S&P futures have lost 13.9 points to 1,672.50, and the index could see its first back-to-back trading days below 1,700 in three weeks. Nasdaq futures are down 22.75 points to 3,200.25.


The Senate reconvenes Monday just 10 hours before the shutdown is initiated.


A budget resolution is one of the four huge pivot points in the coming month, with the other three arriving within the next eight trading days.


On Friday, the government releases its jobs report for September. The earnings seasons opens on Oct. 8 when Alcoa reports third-quarter results and on the following day, the U.S. Federal Reserve opens its policy meeting.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds