Economy: Economic News, Policy & Analysis - The Washington Post: Stocks fall as shutdown looms

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Stocks fall as shutdown looms
Sep 30th 2013, 22:57, by Howard Schneider

World stock markets sank Monday as the U.S. government ambled toward a shutdown that could dent the country's economic recovery.

Losses in New York were led by the Dow Jones industrial average, which fell 128.57 points, or nearly 1 percent. The drop in Europe was even steeper, and it was most acute in Asia, where Japan's Nikkei fell more than 2 percent.

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