NEW YORK (Reuters) - As a last-minute deal to resolve spending negotiations in Washington appeared less likely,
U.S. stock investors braced for what had previously seemed remote:
a shutdown of the U.S. government that could
spark a major equity decline.
.
Wall Street braces for volatility as shutdown seems likely
ReutersReuters – 32 minutes ago.
Adam Sarhan, chief executive of Sarhan Capital in New York. "The immediate shock could be 200 Dow (^DJI) points, could be 1,000 Dow points. Those moves may be exaggerated at first, but if things aren't resolved quickly that could just be the start."