Stock Market Stumbles After Weak US Hiring News - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -

Stock Market Stumbles After Weak US Hiring News

NEW YORK (AP) - The stock market is falling as a partial shutdown of the US government continues and after a payroll company reported weak hiring last month.

The Dow Jones industrial average was down 85 points, or 0.6 percent, at 15,106 as of noon Eastern time Wednesday. It fell as much as 147 points earlier.

The Standard & Poor's 500 index was down seven points, or 0.4 percent, at 1,688. The Nasdaq composite fell 11 points, or 0.3 percent, to 3,807.

The yield on the 10-year Treasury note fell to 2.60 percent from 2.65 percent late Tuesday.

Defense contractors were among the biggest losers as investors worried that the government shutdown wouldn't be resolved quickly.

Raytheon fell $2.04, or 2.6 percent, to $75.76 and Lockheed Martin fell $3.08, or 2.4 percent, to $124.41.

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 This material may not be published, broadcast, rewritten or redistributed.

  • Local NewsNewsMore>>

  • GOP senators in last-ditch try to rescue health care bill

    GOP senators in last-ditch try to rescue health care bill

    Thursday, July 20 2017 4:08 AM EDT2017-07-20 08:08:06 GMT
    Thursday, July 20 2017 8:40 AM EDT2017-07-20 12:40:44 GMT

    Republican senators are hunkering down for a last-ditch attempt to prevent their own divisions from pushing their health care bill to oblivion.

    Republican senators are hunkering down for a last-ditch attempt to prevent their own divisions from pushing their health care bill to oblivion.

  • Trump's critique of Sessions reflects long-held frustrations

    Trump's critique of Sessions reflects long-held frustrations

    Thursday, July 20 2017 3:37 AM EDT2017-07-20 07:37:58 GMT
    Thursday, July 20 2017 8:40 AM EDT2017-07-20 12:40:30 GMT

    Two Trump advisers acknowledged that the president's public comments largely reflected what they have heard him say about Sessions privately.

    Two Trump advisers acknowledged that the president's public comments largely reflected what they have heard him say about Sessions privately.

  • Boy, 9, travels country thanking police with doughnuts

    Boy, 9, travels country thanking police with doughnuts

    Thursday, July 20 2017 7:44 AM EDT2017-07-20 11:44:06 GMT
    Thursday, July 20 2017 7:44 AM EDT2017-07-20 11:44:06 GMT

    The boy is on a mission to thank every police officer in America because he considers them his best friends.

    The boy is on a mission to thank every police officer in America because he considers them his best friends.

Powered by Frankly