2 Oct 2013

US markets up despite federal closure

9:09 am on 2 October 2013

All the major stock market indices traded higher in the United States on the first day of the federal government shutdown on Tuesday, a sign that Wall Street is so far relatively unconcerned about the situation.

The Dow Jones Index was up 17 points to 15,146. The S&P 500 index is up 8 points, or 0.05%, at 1,690

And the Nasdaq Composite was up 30 points, or 0.8% at 3,802.

The FTSE 100 index in London was down 0.03%, the DAX in Frankfurt was up 1.10% and the CAC-40 in Paris was up 1.28%.

The Australian 200 Index closed down 12 points at 5,207 on Tuesday.

At 8.30am on Wednesday, he New Zealand dollar was trading at 82.64 cents US, 88.03 Australian cents, 51.01 pence, 0.6107 euro and 80.87 yen.

Brent crude oil was trading at $US10914 per barrel and gold was trading at $US1286.46 per ounce.