Stocks set to add gains as markets shrug off gov't shutdown; Apple climbs
As of around midday, and after 2 weeks or so of sell-offs, the Dow is up 0.5%, the S&P is up 0.8%, and the Nasdaq is up 1%. Obviously the government shutdown isn't impacting the markets in the hugely bad way some feared, but I find it puzzling that the stocks can go down in advance of a shutdown but go up when it actually happens
. Perhaps the traders think the shutdown showdown lowers the chances of a debt ceiling showdown, or perhaps the traders now think it doesn't make any difference.
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