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Category Archives: Government Shutdown
Stocks and bonds rallied sharply on Wednesday after the Senate reached a last-minute agreement to extend the federal debt ceiling and reopen the government, at least until early next year.
Stocks fell Tuesday after Congress failed to come up with a plan to end the stalemate over the budget and extend the federal debt ceiling.
U.S. stocks closed higher on Monday on news that Democrats and Republicans in the Senate were close to reaching a comprehensive agreement to extend the federal debt limit and fund the government into early next year.
Stocks soared more than 2% on Thursday as Congress and the White House appeared close to an agreement to allow the government to continue to borrow money for at least another month.
The major U.S. stock averages were mixed on Wednesday as the White House and Congressional leaders looked ready to finally start talking about the federal debt ceiling and the budget impasse.
U.S. stocks lost nearly 1% on Monday as little progress appeared to be made either on the federal budget or the Treasury debt ceiling.
Democrats and Republicans renewed talks Wednesday to try to resolve the federal government shutdown, but stock prices closed lower as little progress appeared to be made.
Stocks got off on a positive note to start the third quarter, largely ignoring the first day of the federal government shutdown.