You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Business

Stocks fall as government shutdown drags on

Continue reading below

The S&P 500 saw its lowest close in a month as few signs emerged of a deal to end the government shutdown and raise the nation’s borrowing limit. Market losses were broad. One of the reasons stocks haven’t fallen more is that some investors see the current stall as a blip rather than a change in the long-term trend. The Fed continues its unprecedented stimulus of the economy, a strategy that has helped support a four-year surge. Among stocks making big moves, Mattel slipped after a Goldman Sachs analyst cut his earnings estimates for the toy maker. Goldman is predicting a tough holiday season for toy makers, including rival Hasbro, as children favor video games.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week