Monday 30 September 2013

Congressional Strife Hits Stocks in Choppy Trade

foxbusiness.com - FOX Business: Capitalism Lives HereWall Street took a thrashing on Monday amid swelling anxiety over the prospects of a government shutdown and renewed turmoil in Europe.Today's MarketsAs of 11:45 a.m. ET, the Dow Jones Industrial Average dipped 91.8 points, or 0.6%, to 15167, the S&P 500 dropped 7.6 points, or 0.45%, to 1684 and the Nasdaq Composite slumped 5.9 points, or 0.16%, to 3776.Over the weekend, the House amended a Senate-backed continuing resolution to keep the federal government funded through December 15, delay the enactment of ObamaCare by a year and repeal the medical device tax.

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