Shares are closing increased on Wall Avenue Thursday as buyers welcomed progress in Congress standoff over extending the federal debt ceiling.
A brief extension will give lawmakers extra time to achieve a everlasting decision. The S&P 500, the Dow Jones Industrial Common and the Nasdaq rose.
The S&P 500 rose 36.21 factors, or 0.8%, to 4,399.76.
The Dow Jones Industrial Common rose 337.95 factors, or 1%, to 34,754.94.
The Nasdaq rose 152.10 factors, or 1%, to 14,654.02.
The Russell 2000 index of smaller corporations rose 35.14 factors, or 1.6%, to 2,250.09.
For the week:
The S&P 500 is up 42.72 factors, or 1%.
The Dow is up 428.48 factors, or lower than 1.2%.
The Nasdaq is up 87.32 factors, or 0.6%.
The Russell 2000 is up 8.46 factors, or 0.4%.
For the 12 months:
The S&P 500 is up 643.69 factors, or 17.1%.
The Dow is up 4,148.46 factors, or 13.6%.
The Nasdaq is up 1,765.73 factors, or 13.7%.
The Russell 2000 is up 275.24 factors, or 13.9%.
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