Saturday 26 January 2019

Markets rise as US government shutdown ends

Markets rose on Friday.

The S&P 500 rose 0.9 percent, the STOXX Europe 600 rose 0.6 percent and the Nikkei 225 rose 1.0 percent.

President Donald Trump and Democratic congressional leaders came to an agreement to reopen the government until 15 February, temporarily ending the US government partial shutdown.

Optimistic outlooks also boosted some stocks. Western Digitial Corp surged 6 percent after its management said it expected revenue to rise in the second half of 2019.

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