Tag Archives: debt

Senate deal on debt, shutdown sends stocks soaring

NEW YORK (AP) — Wall Street finally got the deal it’s been waiting for. A last-minute agreement to keep the U.S. from defaulting on its debt and reopen the government sent the stock market soaring Wednesday, lifting the Standard & Poor’s 500 index close to a record high. The deal was reached just hours before a deadline to raise the …

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Stocks soar on hopes for deal to avoid US default

NEW YORK (AP) — The stock market broke out of a three-week funk Thursday as Washington moved closer to a deal to avert a U.S. government default. The Dow Jones industrial average jumped 207 points, or 1.4 percent, to 15,004 after the first hour of trading. The Standard & Poor’s 500 index rose 24 points, or 1.4 percent, to 1,680. …

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