Market recap: Stocks popped higher in the final hour after House Republican leaders proposed a...

|By:, SA News Editor
Market recap: Stocks popped higher in the final hour after House Republican leaders proposed a three-month extension of the federal debt limit. Stocks had been held back by a drop in consumer sentiment, offsetting positive news of Chinese GDP growth and GE's quarter aided by strength in China. Techs lagged, as Intel slumped 6% after saying it would invest $13B in capital equipment this year.