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  • Local Man Accused Of Diverting Mason County River

    riverbedThe state attorney general's office has accused a 55-year-old Mason County man of using an excavator to fill and divert the Tahuya River without a permit. William Cayo Sr. was charged in Mason County District Court on Thursday with three misdemeanor… Read More +

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  • Inslee Looks To Election For Climate Allies

    oilrefineryWashington Gov. Jay Inslee is likely in 2015 to roll out ambitious proposals to reduce carbon pollution such as a bill to cap greenhouse gases, but unless Democrats can make gains in the state Senate on Tuesday, he'll face a tougher… Read More +

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  • Seattle Picks Up 2015 Option On Iwakuma

    Iwakumajune10The Seattle Mariners will have right-hander Hisashi Iwakuma under contract for the 2015 season. The Mariners announced Thursday that Iwakuma's $7 million option was vested based on his on-field performance. Iwakuma missed the first month of the 2014 season but went 15-9 with a 3.52 ERA in 28 starts. In 91 career games with Seattle, Iwakuma is 38-20 with a 3.07 ERA.

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Stocks Down Ahead of the Holiday Weekend

b_250_0_16777215_00_images_obgrabber_2013-08_2137c88208.jpgiStockphoto/Thinkstock(NEW YORK) -- U.S. Stocks called it a week, and the month, with losses on the  Friday before Labor Day weekend. The Dow Jones Industrial Average closed down 30.64 points, or 0.2 percent, at 14,810.31. While blue chips trading is down for the week and the month of August, the index is still up for the year.

The Nasdaq Composite gave up 30.43 points to close at 3,589.87. The S&P 500 closed off 5.20 points at 1,632.97.

The markets are closed on Monday for Labor Day. Investors are still plagued by uncertainty over whether the Federal Reserve will start scaling back its support for the economy next month.  There are also new worries about a possible U.S. military strike on Syria. Americans are also not feeling as confident about the economy.  The latest University of Michigan Consumer Sentiment index was at a six-year high in July, but it slipped lower in August.  Even with the drop, it was still nearly eight points higher than a year ago.

 

Gold is having a summer revival. Prices touched $1,420 an ounce this week -- a three and a half-month high.  Escalating tensions in the Mideast and renewed demand for jewelry in china pushed prices higher.

Copyright 2013 ABC News Radio

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