A surge in oil and the threat of a government shutdown weighed on stocks Friday. Investors kept one eye on Washington, where Republicans and Democrats were in the final day of talks to reach a budget agreement. Benchmark crude oil jumped to $112.79 per barrel on the New York Mercantile Exchange. That's the highest price since Sept. 22, 2008.
The Dow Jones industrial average fell 29.44 points, or 0.2 percent, to 12,380.05.
The S&P 500 fell 5.34, or 0.4 percent, to 1,328.17.
The Nasdaq composite fell 15.72, or 0.6 percent, to 2,780.42.
For the week:
The Dow is up 3.33, or less than 0.1 percent.
The S&P is down 4.24, or 0.3 percent.
The Nasdaq is down 9.18, or 0.3 percent.
For the year to date:
The Dow is up 802.54, or 6.9 percent.
The S&P is up 70.53, or 5.6 percent.
The Nasdaq is up 127.55, or 4.8 percent.