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TD Ameritrade Holdings Corp.
Investors wary and weary, but not panicked over debt ceiling standoff
Investors wary and weary, but not panicked over debt ceiling standoff

After plunging early in the week over fears that the United States might default on its debts, stocks rallied Thursday and Friday after House Republicans showed a willingness to temporarily extend the debt ceiling for six weeks. Investors clearly were cheered by the prospect that negotiations had begun. But even if a deal is reached along those lines, it would be a temporary reprieve. Investors would endure six more weeks of uncertainty over whether lawmakers will push the country into default. "It means it will be a rough Thanksgiving," said James Hardesty, chairman of Hardesty Capital Management in Baltimore. Investors have been here before, two years ago, when the country...

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