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Market Update

U.S. Stock Futures Fall on Shutdown Fears

U.S. stock index futures were down sharply Monday as prospects of a partial shutdown of the federal government loomed large following inconclusive discussions over the weekend among lawmakers over the budget.

The S&P 500 Futures were down 12.50 points to 1674.00 points while the Nasdaq Futures fell 20.50 points to 3202.50 points.