U.S. stocks record modest gains on hopes for budget deal

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Source: Reuters
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Wall Street ended Monday's trading session with modest increases amid hopes that a deal in Washington between Barack Obama and congressional lawmakers resolve the debt ceiling deadlock soon. The Dow Jones industrial average increased 64.15 points to 15,301.26, the Standard & Poor's 500 Index added 6.94 points to 1,710.14 and the Nasdaq Composite Index climbed 23.40 points to 3,815.28.

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Tue, 15 Oct 2013 07:17:06 GMT

Greenback gains as senators signal possible deal

The U.S. Dollar traded higher on Tuesday rising to the highest level in two weeks against the Japanese Yen as the U.S. Senate top representatives signaled that the federal budget debate may be closer to a deal avoiding the country default. The Greenback was close to a 2-week high at 98.64 yen after it advanced to 98.71 yen earlier on

Tue, 15 Oct 2013 06:55:21 GMT

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