Traders work at the New York Stock Exchange on Nov. 3 2025. <\/p>\n
NYSE<\/p>\n
The S&P 500<\/a> rose on Monday after Senate lawmakers took a critical step towards a potential deal to end the historic U.S. government shutdown.<\/p>\n The broad market index gained 0.7%, while the Nasdaq Composite<\/a> advanced 1.4%. The Dow Jones Industrial Average<\/a> hovered around the flatline.<\/p>\n Nvidia<\/a>, Broadcom<\/a> and other artificial intelligence bull market leaders led the gains as a possible end to the shutdown put investors in a risk-taking mood again. Those stocks led the broader market lower last week as those on Wall Street grew worrisome about elevated valuations in the AI trade<\/a>. Microsoft<\/a> shares also rose almost 1%, on pace to snap an eight-day losing streak. That’s the stock’s longest daily slide since 2011.<\/p>\n Investors continue to monitor lawmakers’ negotiations to pass a federal funding bill that would end a shutdown.<\/p>\n A procedural measure that allows other votes on the agreement to be held on Monday was approved by a minimum of 60 yes votes, after eight senators in the Democratic caucus broke with party leadership to support the deal.<\/p>\n The deal being would reopen the government into January and reverse some of the recent mass federal layoffs. It also includes future protections for government workers. The agreement does not include an extension of ACA credits, a key sticking point for most Democrats, but it would call for a vote on the subsidies in December.<\/p>\n A final vote in the Senate on the funding bill will need to be held, followed by passage by the House. House Speaker Mike Johnson, R-La., has already urged the chamber’s members to start traveling<\/a> to the nation’s capital in order for a vote to happen as soon as possible on the deal, which he expects to take place at some point this week.<\/p>\n