NEW YORK (AP) — Stock futures are falling with less than a week before the country reaches its debt ceiling.
The broader futures for Standard & Poor's, after reaching record heights last week, have been pushed below the 1,700 level every day this week as the threat of a government shutdown grows closer.
Dow Jones industrial futures are down 13 points to 15,273. S&P futures have lost 2.5 points to 1,690. Nasdaq futures are down 2.75 points to 3,210.50.
Aside from the political stalemate, the housing market is providing some optimism. KB Homes and Lennar, two major builders, posted huge numbers for their latest quarters this week and the S&P/Case-Shiller 20-city home price index found home prices rose 12.4 percent in July.
The Commerce Department reports new home sales numbers on Wednesday.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Buffalo Police have arrested 26-year-old Nicholas Finnegan of South Buffalo and charged him with pushing Russ Ross to his death.
The Niagara County Sheriff's responded to Saunders Settlement Road near Comstock in Cambria Friday night after receiving a tip about a suspected meth lab.
Police say there were 32 burglaries, 20 in Albion, five in Medina, four in Oakfield and three in the City of Lockport.
Firefighters had to withdraw from a smoky fire in Blasdell at a multi-dwelling home on South Park Avenue Friday night because the flames were so intense.
Call 4 Action looked into claims this week that members of BJ's Wholesale Club were paying too much on sales tax on some deeply discounted items.
State Police in Pennsylvania are investigating an alleged pedophile pastor already facing charges in Western New York.