Wall St. Drops At Open As Government Shutdown Nears

U.S. stocks drop on concerns of government shutdown.

NEW YORK, NEW YORK, UNITED STATES (SEPTEMBER 30, 2013) (NYSE) - Stocks opened lower open on Monday (September 30) as a last-minute deal to resolve a budget battle in Washington appeared less likely, increasing the chances of a partial government shutdown.

The Dow Jones industrial average fell 122.66 points or 0.8 percent, to 15,135.58, the S&P 500 lost 12.46 points or 0.74 percent, to 1,679.29 and the Nasdaq Composite dropped 45.04 points or 1.19 percent, to 3,736.555.