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Dow Jones Industrial Average, S&P 500: Government Shutdown A Gift For Investors

Dow Jones Industrial Average, S&P 500: Government Shutdown A Gift For Investors
Mike Burnick: The U.S. government began shutting down Tuesday for the first time in 17 years. Considering how dysfunctional our federal government has become, a time-out in Washington may not be such a bad thing.
And if history is a guide, the shutdown may prove to be a buying opportunity for stock investors.
The media have drawn plenty of parallels between the current budget battle and the previous one in November and December 1995.
That fiscal fight, between Bill Clinton and Newt Gingrich, played out similarly. Notwithstanding some volatility, the S&P 500 Index actually rose during two separate shutdowns in November and December 1995.

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