Overnight, Wall Street took the partial shutdown of the US government in stride on Tuesday, but market analysts expected investor patience to run out if it lasts more than about a week as a more worrisome battle looms in Congress over the federal debt ceiling.
After declining seven out of the past eight sessions on concerns about a possible shutdown, Wall Street rebounded on Tuesday as investors viewed the pullback as a buying opportunity in the absence of an extended shutdown.
The Dow Jones industrial average was up 62.03 points, or 0.41%, at 15,191.70. The Standard & Poor's 500 Index was up 13.45 points, or 0.80%, at 1,695.00. The Nasdaq Composite Index was up 46.50 points, or 1.23%, at 3,817.98.
(with Reuters inputs)
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