Mounting concerns about a possible U.S. government shutdown are weighing on investor sentiment, with Wall Street shares closing firmly in the red at the end of last week.
The U.S. is facing its first government shutdown in 17 years as the Republican-run House at the weekend voted to attach a one-year delay to President Barack Obama's health care law to keep the government running.
(Read more: Wall Street uneasy in face of government shutdown)
Budget spending must be agreed by Congress before October 1, to prevent a government shutdown which could involve federal employees facing unpaid temporary leave.
The closed almost 0.5 percent lower on Friday. It was down just over 1 percent for the week, but is up about 18.6 percent in terms of its year-to-date gains.
So, will fears about a government shutdown continue to undermine U.S. stocks or can the market shrug off the budget woes?
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