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Stocks Finish With Small Gains During First Day of U.S. Government Shut-Down
By: MT Newswires
Stocks enjoyed a relief rally Tuesday, posting moderate gains after Congressional leaders and the White House were unable to strike a budget deal before a midnight ET deadline last night, forcing a partial shutdown of the federal government as spending authority ended with the start of the new fiscal year. The three major market indices were off their best levels at the close but all ended in the black for only the third time over the past two week. All 10 sectors in the S&P 500 were winner today as well, led by technology and healthcare stocks.