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VOL. 45 | NO. 41 | Friday, October 8, 2021

Stocks closing higher as receding debt fears spur rally

The Associated Press

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Stocks are closing higher on Wall Street Thursday as investors welcomed progress in Congress' standoff over extending the federal debt ceiling.

A temporary extension will give lawmakers more time to reach a permanent resolution.

The S&P 500 rose 0.8% and the Nasdaq Composite gained 1.1%.

Pfizer gained 1.7% after asking the U.S. government to allow use of its COVID-19 vaccine in children ages 5 to 11.

The number of Americans applying for unemployment benefits fell last week as the job market continued its steady recovery.

The Labor Department will release a more detailed employment report for September on Friday.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0