Reginal Thomas
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Reginal Thomas in reginal thomas,

Stocks Rise Off Hopes That Lawmakers Can Come To An Agreement

U.S. stocks rose in the S&P 500 making up for the weeks decline. The rise is because everyone is optimistic that Washington will finally be able to come to a deal ending the budget impasse which would stop the a default on the federal debt. The S&P 500 was up 0.8% to 1,691. Even the Down Jones saw an increase of 84.18 points. I'm not so confident that law makers will be able to find a solution just yet and that means we all lose.