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Last updated: October 02. 2013 4:40PM - 405 Views
Associated Press



Trader Michael Smyth works on the floor of the New York Stock Exchange Wednesday, Sept. 18, 2013.  Stocks were little changed in early trading Wednesday as investors wait to hear from the Federal Reserve on the fate of the central bank's bond-buying program. (AP Photo/Richard Drew)
Trader Michael Smyth works on the floor of the New York Stock Exchange Wednesday, Sept. 18, 2013. Stocks were little changed in early trading Wednesday as investors wait to hear from the Federal Reserve on the fate of the central bank's bond-buying program. (AP Photo/Richard Drew)
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(AP) The stock market is closing slightly lower as investors weigh the possibility that political gridlock may keep the government partially closed for some time.


Investors were also discouraged by hiring last month that was weaker than many expected.


The Dow Jones industrial average fell 58 points, or 0.4 percent, to 15,133 Wednesday. It was down as much as 147 points earlier.


The Standard & Poor's 500 index fell a point, or 0.1 percent, to 1,693. The Nasdaq composite fell three points, or 0.1 percent, to 3,815.


Defense contractors fell as investors worried that the government shutdown, which entered its second day Wednesday, wouldn't be resolved quickly.


More stocks fell than rose on the New York Stock Exchange. Trading volume was average at 3.1 billion shares.


Associated Press
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