U.S. Government Shut Downs For The First Time In 17 Years:

US Equities: Despite falling for seven out of eight past sessions due to worries about a U.S. government shutdown, U.S. equities rebounded from declines to end higher. This rebound allowed U.S. stock indices to begin a new month and quarter with gains. The U.S. Congress was unable to pass a spending bill due to disagreements regarding Obamacare and this resulted in first shutdown of the U.S. government in 17 years, putting 1 million workers on unpaid leave. It was estimated that with each week that the U.S. government is shut down, 0.1 percent will be knocked off U.S. GDP for Q4. On a positive note, the ISM Manufacturing index was posted at 56.2, rising from August and exceeding expectations.