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The Journal Gazette

Monday, October 07, 2013 4:50 pm

How the Dow Jones industrial average did on Monday

The Associated Press

The Dow Jones industrial average fell on Monday as few signs emerged of a deal to end the U.S. government shutdown and raise the nation's borrowing limit. The Standard & Poor's 500 index dropped to its lowest level in a month.

Lawmakers have until Oct. 17 to reach a deal on increasing the nation's debt ceiling. Failure to strike a deal could cause the United States to miss payments on its debt. The Treasury warned last week that a default could push the economy into a downturn even worse than the Great Recession.

The Dow Jones industrial average fell 136.34 points, or 0.9 percent, to close at 14,936.24.

The S&P 500 declined 14.38 points, or 0.9 percent, to 1,676.12.

The Nasdaq composite dropped 37.38 points, or 1 percent, to 3,770.38.

For the year so far:

The Dow is up 1,832.10 points, or 14 percent.

The S&P 500 is up 249.93 points, or 17.5 percent.

The Nasdaq is up 750.87 points, or 24.9 percent.