U.S. Stocks Gain As Senate Votes To End Shutdown

January 22, 2018 5:00 pm

U.S. equity gauges closed at records as the government shutdown appeared to be on the brink of ending and investors turned their attention toward earnings. The dollar fell and Treasuries traded little changed.

The S&P 500 Index rose to an all-time high after the U.S. Senate broke a stalemate over a short-term spending bill, setting the stage for the government to reopen. Investors are awaiting about 80 earnings reports this week from companies in the benchmark index. The dollar traded near lows for the year and 10-year Treasury yields held close to 2.66 percent.

{Matzav.com}