Quantcast


Last updated: September 27. 2013 8:43AM - 185 Views
Associated Press



Traders work on the floor at the New York Stock Exchange in New York, Tuesday, Sept. 3, 2013. (AP Photo/Seth Wenig)
Traders work on the floor at the New York Stock Exchange in New York, Tuesday, Sept. 3, 2013. (AP Photo/Seth Wenig)
Story Tools:

Font Size:

Social Media:

(AP) Stock futures are falling as the path to resolving the budget impasse grows more convoluted by the day.


Dow Jones industrial futures are down 52 points to 15,209. S&P futures have lost 7.4 points to 1,685.10. Nasdaq futures are down 11.5 points to 3,214.50.


The budget fight on Capitol Hill is overshadowing a report due Friday expected to show Americans started spending more in August.


The Senate on Friday plans to send a bill to the fractious House that would keep the government operating through mid-November to head off a partial shutdown at midnight Monday.


Early Friday, the struggling J.C. Penney said it expects to raise about $811 million through a stock offering and expects to end the year with about $1.3 billion in cash or assets that can readily be converted to cash.


Associated Press
Comments
comments powered by Disqus



Featured Businesses


Poll



Info Minute



Gas Prices

Wilkes-Barre Gas Prices provided by GasBuddy.com