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The U.S. government remains partially shut down because House Republicans want to attach conditions to a budget bill that would scale back the country's new health care law. President Barack Obama is insisting that the government be reopened without strings attached. The partial shutdown is entering its third week. Investors should brace for more volatility this week as long as the debt ceiling remains unresolved, said John Lynch, regional chief investment officer for Wells Fargo Private Bank, which manages $170 billion in assets. "We're basically trading on the news at this point," Lynch said. Wall Street also has a busy week of corporate earnings to work through. Coca-Cola, Johnson & Johnson and Citigroup report their results Tuesday. Bond trading is closed in observance of Columbus Day. Due to the holiday, trading volume was lighter than normal at 2.6 billion shares. Among stocks making big moves: Netflix rose $23.51, or 8 percent, to $324.36 after The Wall Street Journal reported that the video streaming service is in talks to offer its services to cable companies. Merck & Co. fell 54 cents, or 1 percent, to $46.75 after another analyst lowered his rating on the drug developer, which recently announced job cuts and is dealing with the expiration of patents protecting key products.
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