NEW YORK (AP) ? The stock market was flat in early trading Wednesday as investors continue to worry about the economy and the growing possibility of a government shutdown.
The Dow Jones industrial average is down less than a point to 15,335 as of 10 a.m. Eastern. The Standard & Poor's 500 index was down less than a point 1,697. The Nasdaq composite is down two points to 3,765.
The U.S. government will run out of funding on Sept. 30, unless both parties can agree to pass a temporary funding bill in the next few days. The Dow and S&P 500 have fallen four consecutive days on concerns a government shutdown could harm the fragile economic recovery.
The Senate will vote Wednesday on the temporary measure, which will then likely head back to the House of Representatives for debate. The funding fight is expected to go through the weekend.
Investors did get an unexpectedly positive August durable goods report. Orders for long-lasting manufactured goods rose 0.1 percent last month, following an 8.1 percent decline in July.
Among stock making big moves:
Mako Surgical soared $13.34, or 83 percent, to $29.51 after medical technology company Stryker said it would buy Mako for $1.65 billion, or $30 per share.
Ascena Retail Group shares jumped $2.38, or 14 percent, to $19.70. The parent company of Lane Bryant, Dressbarn and Maurices, reported results that were significantly better than financial analysts expected in its most recent quarter.
Source: http://news.yahoo.com/stocks-little-changed-4-days-declines-134539852--finance.html
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