U.S. stocks rise as government shutdown seen short-lived

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Source: Reuters
© Scanpix/AP
U.S. shares gained on Wednesday started a new month and a new quarter with increase on Tuesday as investors appeared confident that the U.S. government partial shutdown, first in 17 years, would be short-lived. Trading volume on the New York Stock Exchange stayed below average, when it totaled 6 billion shares as all major stock indexes rose.

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Wed, 02 Oct 2013 07:28:04 GMT

Greenback trades near 8-month low after manufacturing data

The U.S. Dollar traded close to its lowest level in eight months on Wednesday as a report showing that the manufacturing sector rose more than expected overshadowed concerns about the length of the first partial shutdown of the U.S. government in 17 years. The Greenback was at $1.3523 per Euro after it fluctuated in a range of $1.3462 and $1.3569.

Wed, 02 Oct 2013 07:04:03 GMT

Asian stocks gain as U.S. government shutdown may be short-lived

The majority of Asian shares were traded higher on Wednesday trading session as investors expect the first partial shutdown of the U.S. government in 17 years will be short-lived with no broader impact on the global economy. Korean stocks were traded 0.4% higher, Indonesian shares advanced 1.2%, while China's markets remain closed until Tuesday for national holiday.

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