02:02 PM EST, 11/12/2025 (MT Newswires) -- US benchmark equity indexes were mixed intraday as markets await a key vote that could end the country's longest-ever federal government shutdown.

The Dow Jones Industrial Average was up 0.8% at 48,325.3 after midday Wednesday, following a record-high close in the previous session. The Nasdaq Composite was down 0.3% at 23,397.7 intraday, while the S&P 500 rose 0.1% to 6,854.3.

Among sectors, health care paced the gainers, while communication services saw the biggest drop.

The government shutdown, which is now into a record 43rd day, could come to an end later on Wednesday, if the House passes a funding package and sends it to US President Donald Trump for his signature. The House is expected to vote on final passage around 7 pm ET, CBS News reported.

Restoring government funding "is expected to alleviate expected flight cancellations, and initiate backpay for furloughed workers, as well as deploy delayed SNAP benefits to recipients, among others," said Lindsey Piegza, chief economist at Stifel, in a Wednesday note ahead of the US House vote.

SNAP refers to the government's food-aid program for low-income Americans.

The government reopening also means federal agencies will work through a backlog of data releases.

US Treasury yields were lower intraday, with the 10-year rate down 4.6 basis points at 4.06% and the two-year rate falling 2.9 basis points to 3.56%.

US labor market signals are "not clear enough to warrant an aggressive monetary policy response when weighed against the more straightforward risk of ongoing inflationary pressures," said Raphael Bostic, president of the Federal Reserve Bank of Atlanta.

"I view the (Federal Open Market Committee's) monetary policy today as marginally restrictive and favor keeping the funds rate steady until we see clear evidence that inflation is again moving meaningfully toward its 2% target," said Bostic, who plans to retire at the end of his current term that concludes on Feb. 28.

Last month, the Fed lowered its benchmark lending rate by 25 basis points and reiterated concerns regarding labor market conditions.

West Texas Intermediate crude oil slumped 4.1% to $58.51 a barrel intraday. "Oil prices fell, weighed down by oversupply in the market," D.A. Davidson said in a note to clients.

The Organization of the Petroleum Exporting Countries kept global oil demand growth estimates unchanged, while the cartel raised its liquids supply outlook for this year.

In company news, Advanced Micro Devices ( AMD ) shares jumped 8.1%, the top gainer on the S&P 500. The chipmaker late Tuesday set long-term financial targets, including robust revenue and earnings growth, fueled by its data center and client and gaming businesses.

On Holding ( ONON ) lifted its full-year sales growth outlook Wednesday as the Swiss sneaker maker reported better-than-expected third-quarter results and said it's not planning any holiday season discounts. The company's US-listed shares were up nearly 18% intraday.

Cisco Systems ( CSCO ) and Flutter Entertainment ( FLUT ) are scheduled to report results after the closing bell Wednesday.

Gold was up 2.3% at $4,211.60 per troy ounce, while silver jumped 5.4% to $53.5 per ounce.