Google Breaks $1,000, Chipotle Reports Tasty Earnings: Market Recap
U.S. stocks rose during trading on Friday as investors felt confident the Fed would refrain from cutting stimulus anytime soon in the aftermath of the partial government shutdown that ended on Wednesday evening. The majority of economists surveyed by Bloomberg said that the Fed will have to wait until its March 18-19 meeting before cutting stimulus because of delayed economic reports caused by the shutdown. Google (NASDAQ:GOOG) hit record highs on Friday, trading above $1,000 for the first time.
Gold: -0.58% to $1,315.30 per ounce; Oil: +0.24% to $101.11 per barrel; U.S. 10-Year: +0.08 to 2.589%.