NEW YORK (AP) — The stock market is slipping after a breakdown in budget talks in Washington brought the nation closer to a potentially disastrous default on its debt.
There was also no immediate hope Monday for reopening the U.S. government, which was entering a third week of partial shutdown.
Negotiations to clear a path for a new budget agreement ended at an impasse over the weekend.
The Dow Jones industrial average was down 31 points, or 0.2 percent, at 15,205 in midday trading Monday.
The Standard & Poor's 500 index was down three points, or 0.2 percent, at 1,700. The Nasdaq composite was down a fraction at 3,791.
Bond trading is closed Monday for Columbus Day.
Earnings season goes into high gear this week. Coca-Cola, Johnson & Johnson and Citigroup report results Tuesday.
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Crews are on scene of a crash involving a pedestrian at Broadway and Lomas. Officials have closed eastbound Lomas at the intersection.
New Mexico honored a fallen hero Thursday as family, friends and law enforcement officers gathered for the funeral of Sandoval County Sheriff's Sergeant Robert Baron.
The International UFO Museum and Research Center in Roswell is getting a makeover.
Senators Tom Udall and Martin Heinrich have reignited a decade-old effort to seek federal protections for the Organ Mountains.
A rabies case has resulted in another family pet having to be euthanized.
The estranged husband of a murdered Texas woman is now fighting extradition to Texas following his arrest in Hobbs.