Lower Close Over Possible Shutdown

Renewed concerns of a government shutdown sent the markets down to a lower close with the Dow falling 66 points to 15,334. Nasdaq added 2 points to 3768.

On the upside

L & L Energy (Nasdaq: LLEN) produced documents to refute allegations by GeoInvesting.

Office Depot (NYSE: ODP) introduced the new anti bullying program "Be the Difference. Speak Up Against Bullying!" targeting middle school students through its Office Depot Foundation.

Reuters reported that TIM Participacoes (NYSE: TSU) may have to be sold.


On the downside


A Seeking Alpha contributor wrote that Nuverra Environmental Solutions (NYSE: NES) was at risk to default.

J. P. Morgan downgraded Prosena Holding (Nasdaq: RNA) from an Overweight rating to a Neutral rating.

A Seeking Alpha contributor wrote that the strong well results from Goodrich Petroleum's (NYSE: GDP) Tuscaloosa Marine Shale will payoff in the long run.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on both the NYSE and on Nasdaq. The broader S&P 500 slipped 4 points to 1697.

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