Higher close despite potential government shutdown

Even as the government moved closer to a shutdown, the markets closed higher with the Dow gaining 53 points to 26,071. Nasdaq climbed 40 points to 7336.


On the upside


Shares of Nine Energy Service (NYSE: NINE) soared on its first trading day.


Bunge (NYSE: BG) has reportedly received an acquisition offer from Archer Daniels Midland (NYSE: ADM).


Americold Realty Trust (NYSE: COLD) stock climbed in its market debut.

On the downside


Shares of Protection One (NYSE: ADT) dropped on its first trading day.


Obalon Therapeutics (Nasdaq: OBLN) priced its public offering of approximately 5.4 million common shares at the discounted price of $5.50 per share.


Morgan Stanley analyst Joseph Moore downgraded Inphi (NYSE: IPHI) from and Overweight rating to an Equal Weight rating and slashed his price target from $45.00 to $36.00.


In the broad market, advancing issues outpaced decliners by a margin of 2 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 gained 12 points to 2,810. Bitcoin rose $78 to $11,331.


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