Wall St gains despite US shutdown

United States stocks shrug off concerns over the impact of government shutdown on markets to close higher.

United States stocks rose despite the first US government shutdown in 17 years, as investors looked on to Washington for signs of political compromise.

The Dow Jones Industrial Average rose 62.03 points, or 0.4%, to close at 15191.70. The S&P 500 tacked on 13.45 points, or 0.8%, to 1695.00, and the Nasdaq Composite Index rose 46.50 points, or 1.2%, to 3817.98, to close at a 13-year high.

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