Stocks posted modest gains on Monday as concerns mounted about a looming US government shutdown possibly delaying the release of key labor-market data that could provide clues about how fast the Federal Reserve will cut interest rates. Treasury yields fell across the curve.
The S&P 500 ended the session 0.3% higher. The Nasdaq 100 rose 0.4% after climbing nearly 1% earlier. The Bloomberg dollar index pared earlier losses after pending home sales for August jumped to the highest level in five months.
The US Treasury 10-year yield declined to 4.14% — shutdowns are typically associated with gains for bonds ...
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