On Wall Street, What Goes Down Must Come Up

NEW YORK (October 4, 2013)—Stocks closed modestly higher Friday as the partial shutdown of the U.S. government continued.

The gain left the Standard & Poor's 500 index flat for the week.

The Dow Jones industrial average rose 76 points, or 0.5 percent, to end at 15,072 Friday.

The S&P 500 rose 11 points, or 0.7 percent, to 1,690.

The Nasdaq composite index rose 33 points, or 0.9 percent, to end at 3,807.

The market has been weak as investors fret about the fiscal impasse in Washington.

The Dow and S&P 500 gained for just the third time Friday in the last 12 trading days.

Two stocks rose for every one that fell on the New York Stock Exchange where volume was below average at 2.8 billion shares.


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