Dow Drops as Much as 176 Points as Market Risks First Pullback in Five Days

U.S. stocks declined Thursday morning, with the major indexes risking their first drop in five days as speculation concerning the partial government shutdown continued to swirl. Dow Winning Streak in Jeopardy Dow Jones Industrial Average 1-Day Chart All of Wall Street’s major indexes were trading lower by mid-morning, following in the footsteps of a lackluster pre-market session for Dow futures. The Dow Jones Industrial Average opened 68 points lower and was down by as much as 176 points. At the time of writing, the blue-chip index had pared those losses to 38.9 points to settle at 23,840.22. The broad S&P 500 Index declined as much as 0.8% to 2,563.28, with ten of 11 primary sectors seeing red. Consumer discretionary stocks were down 1.5% on average. Energy shares fell 1%. Slumping technology shares weighed on the Nasdaq Composite Index, which declined 1.1% to 6,883.11. The major indexes are riding a four-day…

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