Stocks Back Off In Mixed Volume; Celgene Hits New High
Stocks backed off moderately in mixed volume Friday, as investor focus seemed riveted on Washington's budget battle and the threat of a government shutdown. The Dow Jones industrial average fell 0.5%, the S&P 500 0.4% and the Nasdaq 0.2%. Volume in the stock market today fell 7% on the Nasdaq but climbed 5% on the NYSE, according to preliminary data. Drug stocks fared well. Actavis (ACT) moved up 1% in twice its normal volume. The stock pushed its
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