Stock Market Today: Nasdaq, S&P 500 Leap Over 1% After Congress...
Stock Market Today: Nasdaq, S&P 500 Leap Over 1% After Congress Inches Closer to Reopening Government
Monday, November 10, 2025
There is finally some consolation for federal employees, safety-net recipients, and travelers who had become collateral damage in the federal government's longest shutdown ever. The closing probably will end this week.
Just days after Democrats scored some big electoral wins in an off-year election, eight moderate Democrats joined with Republicans to start putting the government back on its feet, with little more than a promise that they'll get a key vote for extended tax credits on Obamacare plans. Some people affected by a federal reduction-in-force will also get their jobs back (for now).
During the shutdown many federal employees went unpaid and safety-net recipients didn't get their benefits. Travelers were ensnared by the FAA's recent flight restrictions, which affected tens of thousands of domestic flights this weekend.
And now, at a minimum, the usual government-published economic data will again be available for investors to parse.
Meantime, tech is higher today, led by megacaps like Tesla and Nvidia. With that, the Nasdaq Composite (+1.33%) and S&P 500 (+0.69%) are higher.
On the flip side, health care is lower after the Republicans made some comments critical of the insurance industry this weekend during regularly scheduled political sparring.
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