cloudy
Thursday May 28th, 2015 12:01PM

Futures fall sharply as US careens toward shutdown

By The Associated Press
NEW YORK (AP) -- U.S. stock futures are falling sharply as the federal government careens toward a partial shutdown.

Dow Jones industrial futures are down 126 points to 15,069. S&P futures have lost 13.9 points to 1,672.50, and the index could see its first back-to-back trading days below 1,700 in three weeks. Nasdaq futures are down 22.75 points to 3,200.25.

The Senate reconvenes Monday just 10 hours before the shutdown is initiated.

A budget resolution is one of the four huge pivot points in the coming month, with the other three arriving within the next eight trading days.

On Friday, the government releases its jobs report for September. The earnings seasons opens on Oct. 8 when Alcoa reports third-quarter results and on the following day, the U.S. Federal Reserve opens its policy meeting.
© Copyright 2015 AccessNorthGa.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 This material may not be published, broadcast, rewritten, or redistributed without permission.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
US jobless aid applications rose last week; total still low
WASHINGTON (AP) — More Americans sought unemployment benefits last week, though the overall level remains low and points to a healthy job market.Weekly applications increased 7,000 to a seasonally adj...
8:57AM ( 3 hours ago )
NE Ga.'s jobless rate drops in April; Gainesville metro has lowest rate in state
The Georgia Department of Labor announced Thursday morning that the unemployment rate for Northeast Georgia dropped for the month of April, and once again, the Gainesville Metro posted the lowest jobless rate of any metro in the state of Georgia.
By AccessWDUN staff
5:31AM ( 6 hours ago )
New federal rules on stream protection hailed, criticized
New EPA rules designed to better protect small streams, tributaries, wetlands and drinking water are being criticized by Republicans and farm groups.
5:00AM ( 7 hours ago )
Homeowners clean up in Texas; death toll climbs to 21
HOUSTON (AP) — Homeowners dragged soggy carpet to the curb and mopped up coffee-colored muck Wednesday after a barrage of storms and floods in Texas and Oklahoma left at least 21 people dead and 11 ot...
11:09PM ( 12 hours ago )
Gainesville police: Alleged sexual assailant in custody
A Lithia Springs man is in custody for reportedly sexually assaulting a Gainesville woman.
4:50PM ( 19 hours ago )