Wall Street finished Monday in positive territory as optimism grew that Congress is nearing a deal to end the federal government shutdown, lifting investor confidence across major sectors.
Broad gains across indices
The S&P 500 rose 0.9 %, while the Nasdaq Composite advanced about 1 % and the Dow Jones Industrial Average added 0.3 %. Tech and consumer discretionary stocks led the advance, with investors rotating back into growth names after several cautious sessions.
Analysts said the modest but steady gains reflected expectations that a bipartisan funding agreement could soon be reached in Washington, ending a standoff that has disrupted economic data releases and weighed on market sentiment.
Relief rally on political progress
Traders responded positively to reports that the Senate had moved closer to approving a temporary funding package. The progress eased concerns that an extended shutdown could slow the economy or delay key fiscal programmes.
“The market is breathing a sigh of relief,” said one New York strategist. “Even a short-term resolution would help remove uncertainty and allow focus to shift back to fundamentals.”
Other market factors
Treasury yields ticked higher as risk appetite returned, while the dollar was broadly steady against major currencies. Energy shares lagged following a dip in crude prices, and gold retreated slightly as safe-haven demand faded.
Despite Monday’s advance, analysts cautioned that volatility may return quickly if political talks stall or if inflation data later in the week surprises on the upside.
Outlook for the week
Investors are now looking ahead to key economic indicators, including consumer inflation figures and corporate earnings from major retailers, which could help gauge the underlying strength of the US economy.
If lawmakers finalise a shutdown deal, analysts expect markets to extend their gains, particularly in sectors tied to government spending and infrastructure. However, continued uncertainty in Washington could cap momentum heading into the year’s final trading stretch.
Newshub Editorial in Americas – 2025-11-10
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