RST: How will shutdown affect financial markets; Breast Cancer news

What to look for on Radio Smart Talk, Thursday, October 3, 2013:

The stock market is usually the first place Americans look to determine whether the day’s economic news is good or bad. The financial markets don’t tell the whole story but for many, how investors are reacting to the day’s events is a reliable preliminary economic indicator.

Based on that simple formula, the markets are not reacting well this week to the federal government shutdown that began early Tuesday morning.

On Wednesday, the Dow Jones industrial average fell 58 points but it was down as much as 147 points earlier. The Standard & Poor’s 500 index fell a point and the Nasdaq composite fell three points. A less than robust jobs report may have influenced the drops but the shutdown has been felt.

This comes after predictions were made that a shutdown would harm the nation’s economy. Has it gotten to that point yet?

We’ll get some answers on Thursday’s Radio Smart Talk with Tracy Burke, an Investment Consultant at Conrad Siegel Advisors.

Also, October is Breast Cancer Awareness Month and the 20th anniversary of the Pennsylvania Breast Cancer Coalition.

The group’s founder and president Pat- Halpin-Murphy will appear on the program to discuss the latest news in breast cancer research and legislation.

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