US stocks down in early afternoon

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Associated Press

Posted on September 27, 2013 at 1:02 PM

Updated Friday, Sep 27 at 1:04 PM

NEW YORK (AP) — Stocks fell Friday as investors focused on the risk of a U.S. government shutdown down next week.

The uncertainty has pushed down stocks all week. Unless the market turns around, Friday would be the sixth trading day of the past seven with declines for the Standard & Poor's 500 index and Dow Jones industrial average.

The Dow was down 62 points, or 0.4 percent, to 15,266 as of 1:11 p.m. Eastern Time Friday. The S&P 500 index fell six points, or 0.3 percent, to 1,692. The Nasdaq composite eased 1 point, or 0.03 percent, to 3,786.

Lumber Liquidators dropped $11.13, or 10 percent, to $101.83 after disclosing that federal authorities searched its corporate offices in an action related to imports of some wood flooring products.

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