Monday’s Midday Movers: 3 Stories Driving Markets
The major U.S. stocks were falling Monday as lawmakers remained deadlocked and a political stalemate wore on. As of 12:15 p.m.:
|DIJA: -0.19% to 15,207.87||S&P 500: -0.20% to 1,699.86||NASDAQ: +0.03% to 3,792.89|
|Gold: +1.2% to 69.03||Oil: +0.46% to 24.28||U.S. 10-Year: +0.34% to 26.91|
Here are three stories helping shape the market Monday afternoon.
1. 5 Major Effects of the Government Shutdown: The present government shutdown is having significant effects on services and programs — resultant frustrations are only building as a result. A quick update on those hit hardest is in order, with the U.S. dragging into the next week of closure.
1. National Parks
According to the New York Daily News, retired park service workers have compiled numbers showing a loss of 700,000 people per day that would have been visiting national parks and, more importantly, for states in question — the loss of the $76 million they would have spent… (Read more.)