US stocks close at new records
Shutdown poised to end
TSX lower
Netflix up 9% after hours
US benchmarks closed at new records as the US government shutdown turned out to be brief.
The Dow Jones Industrial Index is up around 142 points at 26,214, while the broader based S&P 500 added over 22 points at 2,832.
The tech heavy Nasdaq index gained over 71 points at 7,408.
Elsewhere in Toronto, the TSX shed 5.86 at 16,347.
US crude - West Texas Intermediate - added 0.46% to US$63.66 a barrel.
Netflix (NASDAQ:NFLX) shares shot up 9% after the bell to US$248.06 as it added far more customers than Wall Street expected during the holiday season, when it reported quarterly earnings that were in line with estimates.
MID-SESSION
Wall Street shares higher at mid-session as it emerged the government shutdown was set to end.
Senate Republicans and Democrats voted to approve a temporary funding bill, the BBC reported.
.@PressSec reads statement from @POTUS on deal to end government shutdown: "I am pleased that Democrats in Congress have come to their senses..." pic.twitter.com/CdBmes07Cr
— Fox News (@FoxNews) 22 January 2018
The Dow Jones is up over 71 at 26,142.
The S&P 500 is almost 14 points higher at 2,824, and the Nasdaq is up around 50 points at 7,387.
In Toronto, the TSX is over 32 points down at 16,320.
OPEN
US stocks were on the front foot on Monday appearing to shrug off the US government shutdown, which is now in the third day.
The Dow Jones added over 27 to 26,103, while the S&P 500 added 9.45 at 2,819.
The tech heavy Nasdaq is up over 36 points to 7,372.
In oil, US crude is up 0.13% to stand at US$63.42 a barrel.
In companies, Halliburton Co (NYSE:HAL) shares added 3.13% to US$54.67 after it reported market busting fourth quarter results.
The oilfield services provider also made a US$1.05bn provision for income tax payments, mainly related to the recent changes made in the US corporate taxation law.
In the quarter, the company recorded a loss of US$825mln, or a loss of 94 US cents per share, a sharply wider loss from the US$153mln, or a loss of 17 US cents per share, posted a year ago.