Starbucks Turns to Juice, Wal-Mart Gets Ditched in India: Market Recap
U.S. stocks rose during trading on Wednesday as investors believe new Federal Reserve Chair Janet Yellen will not hurry to curb the central bank’s bond purchases. Negotiations between lawmakers over the budget seem to be slowly moving forward as President Obama has said he will negotiate with Republicans over health care if they end the impasse. House Republicans plan to send negotiators to the White House tomorrow. The U.S. Treasury has said the country will surpass its borrowing limit by October 17 if the shutdown isn’t lifted.
Gold: -1.45% to $1,305.40 per ounce Oil: -2.02% to $101.40 per barrel U.S. 10-Year: +0.53 to 2.65%