Microsoft’s Windows Update, Can Netflix and Pay-TV Play Nice? Market Recap
U.S. stocks rose during trading Monday due to increased signs that lawmakers will come to a budget agreement before the country exhausts its borrowing authority in three days. The White House said in a statement on Monday that “important progress” had been made in negotiations over the budget and the Affordable Care Act. Senate leaders have said they’re optimistic a deal will be reached soon. If not, the U.S. risks defaulting on its debt by the end of the month, an event that would have catastrophic consequences for economies around the world.
Gold: +0.36% to $1,272.80 per ounce; Oil: +0.11% to $102.13 per barrel; U.S. 10-Year: +0.34 to 2.691%.