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Market Commentary

Stocks surge at open after deal struck to avoid shutdown


Stock futures surged as investors grew optimistic about the potential to avoid another government shutdown, the prospects of a trade deal with China, and the possibility of a deal for wall funding. The futures action has led to a sharply higher open for the market. Oil prices are also seeing a slight rebound with the price of crude up more than 2% in early trading and back above $53 a barrel. About 15 minutes into trading, the S&P is up 23 points, the Dow is up 240 points and the Nasdaq is up 71 points.

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