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Late Afternoon

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Wall Street

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NEW YORK (AP) — Investors sold stocks across the board Thursday as a U.S. government shutdown dragged into a third day and the U.S. inched toward a deadline on raising the nation’s borrowing limit.

The Dow Jones industrial average fell close to 200 points by late morning as Republicans and Democrats appeared no closer to ending the budget impasse. In a speech, President Barack Obama said there was only one way out of the shutdown: “Congress has to pass a budget that funds our government with no partisan strings attached.”

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