Stocks edge higher, still headed for a weekly loss

Published on NewsOK Modified: October 4, 2013 at 10:55 am •  Published: October 4, 2013
Advertisement
;

NEW YORK (AP) — Stocks are edging higher on Wall Street but investors remain focused on Washington, where a partial shutdown of the U.S. government has weighed on the market all week.

The Dow Jones industrial average was up 32 points, or 0.2 percent, at 15,028 as of noon Eastern.

The Standard & Poor's 500 was up five points, or 0.3 percent, at 1,684 and the Nasdaq composite was up 22 points, or 0.6 percent, at 3,797.

Investors have been discouraged as political wrangling over the new health care law led to a partial shutdown of the government that is now in its fourth day.

The S&P has finished higher only twice in the past 11 days as disgust over the budget impasse grows. The index is down 0.4 percent for the week.



Trending Now


AROUND THE WEB

  1. 1
    It’s harder to be a poor student in the U.S. than in Russia
  2. 2
    Man fatally stabbed in west Tulsa early Sunday
  3. 3
    How brain imaging can be used to predict the stock market
  4. 4
    Bridenstine tours Fort Sill, satisfied with facility's transparency
  5. 5
    10 Most Popular Wedding 'First Dance' Songs
+ show more