Last updated: October 07. 2013 4:37PM - 458 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 closing at its lowest level in a month as the U.S. government enters a second week of being partially shut down.


Investors fear the budget stalemate could prevent Congress from raising the government's borrowing limit by next week's deadline, bringing a threat of a debt default by the U.S.


The Dow Jones industrial average fell 136 points, or 0.9 percent, to close at 14,936 Monday.


The Standard & Poor's 500 index fell 14 points, or 0.9 percent, to 1,676, the lowest in a month.


The Nasdaq composite fell 37 points, or 1 percent, to 3,770.


Two stocks fell for every one that rose on the New York Stock Exchange. Volume was much lighter than usual at 2.6 billion shares.


Associated Press
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