Wednesday 16 October 2013

Dividend Chaser on USA debt deal

(Personal Sharing)

NEW YORK (AP) -- Wall Street finally got the deal it's been waiting for.

A last-minute agreement to keep the U.S. from defaulting on its debt and reopen the government sent the stock market soaring Wednesday, pushing the Standard & Poor's 500 index close to a record high.

On Wednesday, Senate leaders agreed to fund the government through Jan. 15 and extend government borrowing through Feb. 7.

This is good news for now. Come year 2014, the worries come again.

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