U.S. stocks drop sharply on budget impasse NEW YO

U.S. stocks drop sharply on budget impasse
NEW YORK (MarketWatch) — U.S. stocks fell sharply on Monday, with benchmark indexes on track to cut back on quarterly gains, as a budget impasse increased the odds of a government shutdown.

Lawmakers have until midnight to pass an emergency measure to keep the federal government running starting Tuesday, the beginning of the 2014 fiscal year. If an accord is not reached, hundreds of thousands of government workers could find themselves on unpaid leave. http://www.marketwatch.com/story/us-stocks-dr...lcountdown