mostlycloudy
Saturday August 1st, 2015 9:50AM

Stocks slide as Washington stalemate drags on; Dow down 136

By The Associated Press
NEW YORK (AP) -- The stock market closed at its lowest level in a month Monday as the federal 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.
© Copyright 2015 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
S&P 500 index has its best year since 1997
The stock market closed out a record year with more all-time highs on Tuesday, giving U.S. indexes their biggest annual gains in almost two decades.
6:56PM ( 1 year ago )
Colorado readies for 'Green Wednesday' pot sales
Police were adding extra patrols around pot shops in eight Colorado towns that plan to allow recreational sales to anyone over 21 on Jan. 1.
1:52PM ( 1 year ago )
Kerry seeks framework for Mideast peace talks
A senior State Department official says Secretary of State John Kerry will try this week to get Israel and the Palestinians to agree on a framework for negotiating a final peace agreement, yet cautions against raising expectations for Kerry's latest round of shuttle diplomacy.
1:35PM ( 1 year ago )
U.S. News
Missing Ga. bank director arrested in Brunswick
A bank director accused of losing millions of investors' dollars before vanishing last year was arrested Tuesday during a traffic stop in a city in south Georgia.
7:00PM ( 1 year ago )
Amtrak to suspend some Crescent service in Jan., Feb.
Amtrak service will shut down in parts of the Southeast for several days in January and February for rail maintenance by Norfolk Southern Railway.
9:00AM ( 1 year ago )
Lung cancer scans urged for some smokers, not all
Certain current or former heavy smokers should start getting yearly scans for lung cancer to cut their risk of death from the nation's top cancer killer, government advisers said Monday - even as they stressed that the tests aren't for everyone.
7:26AM ( 1 year ago )
Business News
Sex offender held in Hall County for failing to register
A 47-year-old man was booked into the Hall County Jail Tuesday, being held without bond for allegedly failing to register as a sex offender, his second such arrest.
6:09PM ( 1 year ago )
Pharmacy robberies may involve same suspect
Oakwood Police Tuesday afternoon released details in a pharmacy robbery they're investigating, similar to one that happened in the Hall County Tuesday morning.
5:46PM ( 1 year ago )
Victim critical following apartment fire
A 41-year-old woman was in critical but stable condition Tuesday after being rescued from an apartment fire in Forsyth County late Monday afternoon.
3:16PM ( 1 year ago )
Local/State News
Feeling US snub, Saudis strengthen ties elsewhere
Increasingly vocal in its frustration over U.S. policies in the Mideast, Saudi Arabia is strengthening ties elsewhere, seeking out an alignment that will bolster its position after it was pushed to the sidelines this year.
4:34PM ( 1 year ago )
NSA reportedly intercepts computer deliveries
A German magazine has lifted the lid on the operations of the National Security Agency's hacker unit, revealing how American spies intercepted computer deliveries, exploited hardware vulnerabilities, and even hijacked Microsoft's bug report system to spy on their targets.
12:31PM ( 1 year ago )
Rockets fired from Lebanon into Israel
Rockets from Lebanon struck northern Israel on Sunday, causing no injuries but sparking an Israeli reprisal shelling in a rare flare-up between the two countries.
12:26PM ( 1 year ago )
Politics
Oakwood, Flowery Branch police search for telephone scammer
The Oakwood and Flowery Branch police departments are working together to find a telephone scammer who has been soliciting donations from area businesses.
9:00AM ( 50 minutes ago )
GOP proposes protections for clergy on gay marriage
A top-ranking Republican leader wants to make clear that Georgia clergy can refuse to perform gay marriages, a protection they already enjoy under the U.S. Constitution.
By Associated Press
6:48AM ( 3 hours ago )
Tax free weekend gives Gainesville shoppers more bang for their buck
As we prepare to send kids back to school after a summer of fun, parents can catch a little break during the annual sales tax exempt holiday.
5:39AM ( 4 hours ago )
Towns Co. man charged in domestic violence incident, standoff with police
Following an alleged incident of severe domestic violence and a brief standoff with Towns County authorities, a Hiawassee man has been arrested and now faces a long list of charges.
9:35PM ( 12 hours ago )
Elachee to host national nature center group; 225 participants expected
Elachee Nature Science Center will host the 2015 Association of Nature Center Administrators (ANCA) Summit in August.
By AccessWDUN staff
6:21PM ( 15 hours ago )