Stocks open sharply lower as US nears shutdown

Associated Press
Stocks open sharply lower as US nears shutdown

FILE - In this file photo taken Friday, Sept. 27, 2013, President Barack Obama gestures while making a statement regarding the budget fight in Congress and foreign policy challenges, in the James Brady Press Briefing Room of the White House in Washington. As Iran's diplomatic profile rises with attempts to recalibrate its dealings with Washington, the Gulf rulers will have to make adjustments, too, and that's not such an easy thing for the monarchs and sheiks to swallow. (AP Photo/Charles Dharapak, File)

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