Tuesday, October 1, 2013

Stocks Shrug Off Shutdown

Government not as important as people think? USA Today writes:

Wall Street investors were reacting calmly to the first day of a partial shutdown of the U.S government. 
Stocks closed higher as the Dow Jones industrial average gained 62.03 points, or 0.4%, to 15,191.70 and the Standard & Poor's 500 index rose 13.45 points, or 0.8%, to close at 1,695.00. 
The Nasdaq composite index gained 46.50 points, or 1.2%, to 3,817.98. The tech-heavy index is now up 200% from its March 9, 2009, bear market low.

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