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Wall Street slumps, Dow hits 1-month low on rising U.S. default concerns
2013-10-08 

US-NEW YORK-STOCK

Traders work at the New York Stock Exchange in New York, Oct. 7, 2013. U.S. stocks took a big hit Monday, with the Dow Jones Industrial Average closing at a one-month low, as investors grew more worried about a possible debt default in Washington. The Dow dropped 136.34 points, or 0.90 percent, to 14,936.24 points. The Standard & Poor's 500-stock Index slid 14.38 points, or 0.85 percent, to 1,676.12 points. The Nasdaq Composite Index plunged 37.37 points, or 0.98 percent, to 3,770.38 points. (Xinhua/Wang Lei)

US-NEW YORK-STOCK

Traders work at the New York Stock Exchange in New York, Oct. 7, 2013. U.S. stocks took a big hit Monday, with the Dow Jones Industrial Average closing at a one-month low, as investors grew more worried about a possible debt default in Washington. The Dow dropped 136.34 points, or 0.90 percent, to 14,936.24 points. The Standard & Poor's 500-stock Index slid 14.38 points, or 0.85 percent, to 1,676.12 points. The Nasdaq Composite Index plunged 37.37 points, or 0.98 percent, to 3,770.38 points. (Xinhua/Wang Lei)

US-NEW YORK-STOCK

Traders work at the New York Stock Exchange in New York, Oct. 7, 2013. U.S. stocks took a big hit Monday, with the Dow Jones Industrial Average closing at a one-month low, as investors grew more worried about a possible debt default in Washington. The Dow dropped 136.34 points, or 0.90 percent, to 14,936.24 points. The Standard & Poor's 500-stock Index slid 14.38 points, or 0.85 percent, to 1,676.12 points. The Nasdaq Composite Index plunged 37.37 points, or 0.98 percent, to 3,770.38 points. (Xinhua/Wang Lei)

US-NEW YORK-STOCK

Traders work at the New York Stock Exchange in New York, Oct. 7, 2013. U.S. stocks took a big hit Monday, with the Dow Jones Industrial Average closing at a one-month low, as investors grew more worried about a possible debt default in Washington. The Dow dropped 136.34 points, or 0.90 percent, to 14,936.24 points. The Standard & Poor's 500-stock Index slid 14.38 points, or 0.85 percent, to 1,676.12 points. The Nasdaq Composite Index plunged 37.37 points, or 0.98 percent, to 3,770.38 points. (Xinhua/Wang Lei)

US-NEW YORK-STOCK

Traders work at the New York Stock Exchange in New York, Oct. 7, 2013. U.S. stocks took a big hit Monday, with the Dow Jones Industrial Average closing at a one-month low, as investors grew more worried about a possible debt default in Washington. The Dow dropped 136.34 points, or 0.90 percent, to 14,936.24 points. The Standard & Poor's 500-stock Index slid 14.38 points, or 0.85 percent, to 1,676.12 points. The Nasdaq Composite Index plunged 37.37 points, or 0.98 percent, to 3,770.38 points. (Xinhua/Wang Lei)

US-NEW YORK-STOCK

A trader works at the New York Stock Exchange in New York, Oct. 7, 2013. U.S. stocks took a big hit Monday, with the Dow Jones Industrial Average closing at a one-month low, as investors grew more worried about a possible debt default in Washington. The Dow dropped 136.34 points, or 0.90 percent, to 14,936.24 points. The Standard & Poor's 500-stock Index slid 14.38 points, or 0.85 percent, to 1,676.12 points. The Nasdaq Composite Index plunged 37.37 points, or 0.98 percent, to 3,770.38 points. (Xinhua/Wang Lei)

US-NEW YORK-STOCK

Traders work at the New York Stock Exchange in New York, Oct. 7, 2013. U.S. stocks took a big hit Monday, with the Dow Jones Industrial Average closing at a one-month low, as investors grew more worried about a possible debt default in Washington. The Dow dropped 136.34 points, or 0.90 percent, to 14,936.24 points. The Standard & Poor's 500-stock Index slid 14.38 points, or 0.85 percent, to 1,676.12 points. The Nasdaq Composite Index plunged 37.37 points, or 0.98 percent, to 3,770.38 points. (Xinhua/Wang Lei)

US-NEW YORK-STOCK

Traders work at the New York Stock Exchange in New York, Oct. 7, 2013. U.S. stocks took a big hit Monday, with the Dow Jones Industrial Average closing at a one-month low, as investors grew more worried about a possible debt default in Washington. The Dow dropped 136.34 points, or 0.90 percent, to 14,936.24 points. The Standard & Poor's 500-stock Index slid 14.38 points, or 0.85 percent, to 1,676.12 points. The Nasdaq Composite Index plunged 37.37 points, or 0.98 percent, to 3,770.38 points. (Xinhua/Wang Lei)

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