U.S. stocks are rising as Congress races to avert a looming government shutdown By Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

U.S. stocks are rising as Congress races to avert a looming government shutdown

In a mixed session on Wall Street on Wednesday, the S&P inched marginally higher and the tech-heavy Nasdaq climbed by 0.2%, while the blue chip Dow was the laggard, dipping by 0.2%. With only one trading day left in September and the latest quarter, all of the main indices are on track to post monthly declines, while the S&P in particular is on course for its first three-month loss in a year., which touched a level not seen since 2007 in the prior session.

House Speaker Kevin McCarthy has been critical of a bill put forward in the Senate that extends government funding into November, saying he wants provision for border security. The Senate passed its bill as a stopgap measure to keep things moving until lawmakers can hammer out a longer-term spending deal.Micron expands loss outlook) were down 2.8% after the U.S. chipmaker guided for a loss in its fiscal first quarter that was wider than analysts' expectations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top 5 Stocks to Own as Treasury Yields Surge to 16-Year HighsStocks Analysis by Investing.com (Jesse Cohen) covering: Nasdaq 100, US Small Cap 2000, 3M Company, Pfizer Inc. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: Dow tumbles as rate scare extends October selloff By Investing.comStock Market Today: Dow tumbles as rate scare extends October selloff
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: Dow closes lower as rising yields keep stocks in quagmire By Investing.comStock Market Today: Dow closes lower as rising yields keep stocks in quagmire
Source: Investingcom - 🏆 450. / 53 Read more »