The bill to prevent a government shutdown was signed into law just 32 minutes before the deadline, notes Mike Townsend. He and Jeffrey Kleintop discusses how the government shutdown was averted. Mike highlights that the shutdown continues to be an issue to watch for investors. They go over how a government shutdown could affect the markets. Jeffrey mentions that stocks and bonds sold off today after 10-year hit highest level since 2007. He notes that the market will parse their comments carefully for any insight on future direction of rates. Tune in to find out more about the stock market today.
Market On Close
02 Oct 2023
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