While you were sleeping US senators agree on deal

Wed, 16 Oct 2013

By Margreet Dietz Oct. 17 (BusinessDesk) - Wall Street rallied as US Senate leaders agreed to the terms of a deal that would end the government's shutdown and prolong the government's capacity to borrow until February. The House is set to vote on the agreement today. In afternoon trading in New York, the Dow Jones Industrial Average climbed 1.19 percent, the Standard & Poor’s 500 Index increased 1.23 percent and the Nasdaq Composite Index added 1.13 percent. “Investors are relieved that it looks like we’re not going to go over the cliff,” B...

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