Stocks End Lower As US Nears Shutdown - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -

Stocks End Lower As US Nears Shutdown

By The Associated Press

NEW YORK (AP) - Stocks are closing lower as Wall Street braces for a government shutdown.

Investors pulled back from stocks Monday as a budget fight in Congress threatened to push the federal government into a partial shutdown for the first time in 17 years. Lawmakers have until midnight Tuesday to reach a budget deal that would keep government in full operation

The Dow Jones industrial average fell 128 points to close at 15,129. The Standard & Poor's 500 index lost 10 points to 1,681. The Nasdaq fell 10 points to 3,771.

There was little evidence that the Democratic-controlled Senate and Republican-led House of Representatives were any closer to a budget agreement Monday afternoon, hours before the deadline.

The dispute is poised to continue into mid-October as legislators debate raising the nation's borrowing limit.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Local NewsNewsMore>>

  • Trump unveils details of 'America First' security strategy

    Trump unveils details of 'America First' security strategy

    Monday, December 18 2017 5:10 AM EST2017-12-18 10:10:02 GMT
    Monday, December 18 2017 3:22 PM EST2017-12-18 20:22:53 GMT

    The Republican president will detail his plans Monday, which could sharply alter the United States' relationships with the rest of the world.

    The Republican president will detail his plans Monday, which could sharply alter the United States' relationships with the rest of the world.

  • Multiple deaths in Amtrak train derailment in Washington

    Multiple deaths in Amtrak train derailment in Washington

    Monday, December 18 2017 11:23 AM EST2017-12-18 16:23:19 GMT
    Monday, December 18 2017 3:19 PM EST2017-12-18 20:19:57 GMT

    Mass casualties are reported after a train went off a bridge onto Interstate 5 in Seattle.

    Mass casualties are reported after a train went off a bridge onto Interstate 5 in Seattle.

  • Study: Oklahoma 18th worst in occupational licensing laws

    Study: Oklahoma 18th worst in occupational licensing laws

    Monday, December 18 2017 3:11 PM EST2017-12-18 20:11:43 GMT

    A new study says Oklahoma’s occupational licensing laws are the 18th most burdensome of the 50 states and the District of Columbia. The Tulsa World reports the study by the Virginia-based Institute for Justice, a nonprofit public interest law firm, focused on the scope of licensing laws for low- and moderate-income occupations nationwide. In Oklahoma, the study found that the state requires licenses for 41 of the 102 occupations examined. 

    A new study says Oklahoma’s occupational licensing laws are the 18th most burdensome of the 50 states and the District of Columbia. The Tulsa World reports the study by the Virginia-based Institute for Justice, a nonprofit public interest law firm, focused on the scope of licensing laws for low- and moderate-income occupations nationwide. In Oklahoma, the study found that the state requires licenses for 41 of the 102 occupations examined. 

Powered by Frankly