INQUIRER.net: US stocks rally on hopes of short shutdown

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US stocks rally on hopes of short shutdown Oct 2nd 2013, 00:23 NEW YORK CITY—US stocks Tuesday jumped amid hopes the partial government shutdown will not seriously harm the economy.   The Dow Jones Industrial Average rose 62.03 points (0.41 percent) to 15,191.70.   The broad-based S&P 500 tacked on 13.45 (0.80 percent) at 1,695.00, while the tech-rich Nasdaq Composite Index added 46.50 (1.23 percent) at 3,817.98.   Analysts said many investors had already priced in a government shutdown, limiting the hit when it actually occurred at midnight Monday.   Also, many predict a speedy resolution.   "Most people seem to be pretty optimistic that at some point, a deal will be struck and it won... Keep on reading: US stocks rally on hopes of short shutdown Media files: Wall-Street-10113.jpg (image/jpeg)

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