US Indexes Are Weighed Down by Industrials, Energy Stocks
Losses among Boeing, General Electric and other big industrial companies weighed on U.
S. stocks Thursday, pulling the market below the record highs it set the day before.
As for the Wall Street impact, a shutdown could sap some of the momentum
that helped drive the stock market to new highs this week, said J. J. Kinahan, chief market strategist at TD Ameritrade.
Investors kept an eye on the latest company earnings news while also monitoring developments
in Washington ahead of a possible federal government shutdown this weekend.
Yet you want to go for bonds whenever you’re looking for protection, and the last time the government shut down, bonds actually rallied."
