Stocks Sink As Shutdown Drags On

U.S. stocks closed lower on Tuesday near fresh session lows, as the partial government shutdown
entered its eighth day with no clear end in sight. The Dow Jones Industrial Average fell 159.71
points, or 1.07%, to 14,776.53. The S&P 500 Index finished down 20.67 points, or 1.23%, at
1,655.45. The Nasdaq Composite Index declined 75.55 points, or 2.00%, to close at 3,694.83.

Alcoa Inc.(AA) late Tuesday reported it swung to a third-quarter profit of $24 million, or 2 cents
a share, from a loss of $143 million, or 13 cents a share, a year ago. Excluding items, the
aluminum maker earned 11 cents a share.

The US Federal Reserve has issued a new hi-tech $100 banknote comprising several new security
features. It includes a blue 3D security ribbon and a bell and inkwell logo that authorities say
are particularly difficult to replicate.

The International Monetary Fund (IMF) has trimmed its forecast for global economic growth at the
same time as lifting its UK growth projection. It now expects global growth of 2.9% this year, a
cut of 0.3% from July’s estimate. In 2014 it expects global growth of 3.6%, down 0.2%.

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