U.S. stocks closed lower Wednesday as the partial government shutdown entered its second day and a private-sector jobs report showed weaker-than-expected growth.
The Dow Jones Industrial Average DJIA -0.39% fell 58.56 points, or 0.4%, to 15,133.14, after being off by as much as 147 points earlier in the day. The S&P 500 Index SPX -0.07% level changed slightly, finishing the day down 1.13 points, or 0.1%, at 1,693.87, paring an earlier 15-point deficit.
The Nasdaq Composite IndexCOMP -0.08% declined 2.96 points, or 0.1%, to close at 3,815.02, after being off as much as 30 points earlier in the session. Stocks started paring gains during the session after President Barack Obama called on senior members of Congress to meet at the White House at 5:30 p.m. to find a way to break the deadlock over the shutdown.