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Tuesday, October 1, 2013

Wall Street advances on the first day of 'closure' of the Obama Government

FXstreet.com (San Francisco)--Wall Street responded: "I don't care" on the first day of closure of the US Government.UU. and stocks recovered minimum of several weeks on Tuesday. In general, the rally was driven by good economic data from the United States, the start of the quarter and hope that the debt impasse will be resolved soon.

However, according to CNBC, a top Republican aide said that the Government shutdown could last longer than 1 week. About the economic data, the US ISM manufacturing index.UU. it rose to 56.2 in September, the highest since April 2011, with the component of increased employment in 55.4 signaling by a strong NFP Friday.

The Dow Jones advanced 62.3 points or 0.41% to close the day at 15,191.70. The S & P 500 added 13.45 points or 0.80% to 1.695,00. The Nasdaq Composite rose 46.50 points or 1.23% up to 3,817.98.

* FXstreet.es, news of currency *

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