Stocks slip as US shutdown enters a third day

AP News
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Posted: Oct 03, 2013 9:53 AM
Stocks slip as US shutdown enters a third day

NEW YORK (AP) — The stock market is opening lower as a partial shutdown of the U.S. government enters a third day.

The Dow Jones industrial average fell 67 points, or 0.4 percent, to 15,065 after the first few minutes of trading Thursday.

The Standard & Poor's 500 index was down six points, or 0.4 percent, to 1,687. The Nasdaq composite fell six points, or 0.2 percent, to 3,809.

The yield on the benchmark 10-year Treasury note was unchanged at 2.63 percent.

Tesla Motors fell $2.18, or 1 percent, to $178.77 after the electric car company after a rare downgrade from a financial analyst and on news of a fire involving one of its cars.