You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Stocks fall as investors wait on Washington

Continue reading below

The slow bleed got a bit worse as fights over the nation’s debt limit and the US government shutdown dragged on. Moderate stock losses in the first days of the shutdown have accelerated as the US moves closer to an Oct. 17 deadline to raise its borrowing limit. Tuesday’s loss added to a three-week decline that has knocked the S&P 500 down 4% from its record high, set Sept. 18. The index fell 1.2% in the biggest one-day drop since Aug. 20. Telecoms led the declines. Investors also dumped short-term US debt, worried the standoff could jeopardize the government’s ability to pay bills, including interest on debt. The VIX volatility index rose to a 2013 high.

Loading comments...
Subscriber Log In

We hope you've enjoyed your 5 free articles'

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
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com
Already a subscriber?
Your city. Your stories. Your Globe.
Yours FREE for two weeks.
Enjoy free unlimited access to Globe.com for the next two weeks.
Limited time only - No credit card required!
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.
Thanks & Welcome to Globe.com
You now have unlimited access for the next two weeks.
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.