Amazon’s Hiring Spree, Google Dodges European Fine: Market Recap
U.S. stocks rose during trading on Tuesday as the impact of the government shutdown is expected to be minimal. The shutdown has placed 800,000 government employees on temporary unpaid leave and will cost the U.S. government $300 million a day, according to research firm IHS. According to data from Bloomberg, historically, stocks have risen in the wake of government shutdowns, so investors may use this time as a buying opportunity.
Gold: -2.82% to $1,298.60 per ounce Oil: -0.57% to $101.75 per barrel U.S. 10-Year: +1.19 to 2.646%