US stocks climb amid signs government may avert shutdown

US stocks climb amid signs government may avert shutdown


US actions rose in early trade on Thursday, progressing against the backdrop of signs that the nation could prevent the government from stopping and recovering some of the losses suffered during an escalating trade war.

Dow Jones’s industrial average jumped by 230 points or 0.6%while S& P 500 increased by 0.9%. The technological NASDAQ rose 1.3%.

Raising on the market comes after democratic Senate leader Chuck Sumer has announced on Thursday night that he plans to vote to keep the government open, signaling that there will almost certainly be enough democratic votes to progress the Chamber’s GOP bill before the time of exclusion at the end of the day.

This is a developing story. Please check again for updates.

John Parkinson at ABC News, Lauren Peller, Alison Pekorin and Rachel Scott have contributed to this report.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *