US stock market closes up amid signs government may avert shutdown
U.S. stocks climbed on Friday amid signs the federal government may avert a shutdown, recovering some of the losses suffered during an escalating trade war. The Dow Jones Industrial Average closed up 675 points,
A government shutdown now seems unlikely. That's giving the stock market a much-needed boost.
Stocks surged on Friday after Senate Minority Leader Chuck Schumer said he'll support a GOP spending bill, helping the government avoid a shutdown.
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