INQUIRER.net: US stocks higher as budget, debt cap deal appears imminent

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US stocks higher as budget, debt cap deal appears imminent Oct 14th 2013, 22:05 NEW YORK CITY—US stocks reversed losses and finished higher Monday amid encouraging signs from the White House and Congress that a deal was in reach on the budget and debt ceiling.   The Dow Jones Industrial Average added 64.15 points (0.42 percent) at 15,301.26.   The broader S&P 500 rose 6.94 (0.41 percent) to 1,710.14, and the Nasdaq Composite gained 23.40 (0.62 percent) at 3,815.27.   The Dow rebounded from a 100-plus point loss in the morning when traders showed nervousness over the looming Oct. 17 deadline to raise the country's borrowing ceiling or see the cash-short Treasury forced to default on payments, possibly including US debt. &... Keep on reading: US stocks higher as budget, debt cap deal appears imminent Media files: Wall-Street-101413-1024x765.jpg (image/jpeg)

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