By: JeeYeon Park | CNBC.com Stock Market Writer
Stocks finished broadly lower Monday,
with the Dow hitting a one-month low, as the government shutdown dragged
for a second week and as investors grew worried that lawmakers may not
be able to increase the debt ceiling, potentially leading to a default.
The Dow Jones Industrial Average slumped 136.34 points to finish at 14,936.24, dragged by American Express and Visa.
The S&P 500 dropped 14.38 points to close at 1,676.12. And the Nasdaq fell 37.38 points to end at 3,770.38.
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, spiked more than 13 percent to trade near 19, hitting a fresh three-month high.
The Dow Jones Industrial Average slumped 136.34 points to finish at 14,936.24, dragged by American Express and Visa.
The S&P 500 dropped 14.38 points to close at 1,676.12. And the Nasdaq fell 37.38 points to end at 3,770.38.
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, spiked more than 13 percent to trade near 19, hitting a fresh three-month high.
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