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  • Navy Petty Officer Spotlight

    fontanillaPetty Officer 2nd Class Shawn Fontanilla, a cryptologic technician from Bremerton, Wash. and 2004 graduate of Olympic High School, is serving in the U.S. Navy aboard USS Somerset (LPD 25), one of the world's most modern, networked, survivable, and transformational warships.

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  • Washington Ferries Getting Back On Schedule

    ferry tacomaWith a leak in its stern freshly patched at a Vancouver, British Columbia, dry dock, the Washington state ferry Wenatchee returned to service Friday on the Edmonds-Kingston route. Washington State Ferries says that allows the Chelan to return to a… Read More +

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  • Seahawks Make Roster Moves Aug. 1

    seahawksRenton, Wash. - The Seattle Seahawks have placed tight end Anthony McCoy and defensive tackle Jesse Williams on injured reserve, released wide receiver Randall Carroll and signed linebacker Marcus Dowtin and wide receiver Ronald Johnson, the team announced Friday. Dowtin originally signed as an undrafted free agent by the New York Jets after the 2012 NFL Draft.

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Dow Closes Below 15,000, Falls During State Department Briefing

b_250_0_16777215_00_images_obgrabber_2013-08_a66630a6cf.jpgHemera/Thinkstock (NEW YORK) -- Stocks reversed their gains in the final hour of trading on Monday, with the Dow Jones Industrial Average finishing the day below the 15,000 mark. News out of Washington appears to be the key reason for the late-day slide. Secretary of State John Kerry’s statement that the president will hold Syria’s government accountable for the “moral obscenity” of using chemical weapons unnerved traders.

The worry for investors is that the growing turmoil in the Middle East could lead to retaliation against U.S. assets and people -- hence the late-day pullback in stocks. Additionally, published reports that the government will reach the debt limit in mid-October -- earlier than expected -- bothered investors too. Volume on Wall Street was very light. For the day, the Dow closed down 64.05 points to finish the session at 14,946.46.  The blue chips is on track for its biggest monthly loss since May of last year.

The S&P 500 closed down 6.72 points at 1,656.78. The Nasdaq Composite slid less than a point to 3,657.57.

Facebook shares were at a one-year high for the second straight trading day, trading just under 10 percent from the all-time high. The social networking company's stock closed at $41.34.
 
Copyright 2013 ABC News Radio

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