NEW YORK: Investors worried about whether a looming government shutdown could slow US stocks' recent surge can take comfort in history: markets have tended to shrug off shutdowns despite their potentially nasty economic impact.
The S&P 500 and Nasdaq composite indexes touched all-time highs on Thursday as investors looked past bleak economic data, while remaining focused on a COVID-19 vaccine. Failure by the Democratic-controlled House and Republican-controlled Senate to pass a bill on how to allocate around US$1.4 trillion to be spent by Sep 30, 2021, when the fiscal year ends, could have dire consequences.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più: