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Equity Markets Rise Intraday Amid Progress in Ending Shutdown
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Equity Markets Rise Intraday Amid Progress in Ending Shutdown
Nov 10, 2025 11:37 AM

02:15 PM EST, 11/10/2025 (MT Newswires) -- US benchmark equity indexes were higher intraday amid signs that the longest-ever federal government shutdown could soon end.

The Nasdaq Composite was up 2.1% at 23,496.3 after midday Monday, while the S&P 500 rose 1.4% to 6,822.1. The Dow Jones Industrial Average added 0.6% to 47,284.4. Among sectors, technology and communication services paced the gainers, while consumer staples saw the biggest drop.

Late Sunday, Senate lawmakers passed the first stage for a federal funding bill that is aimed to end the government stoppage, which is now into its record 41st day, CNBC reported. Eight Democratic senators reportedly voted in favor of the deal to clear a 60-vote minimum threshold.

A final vote on the legislative package could come "in the very near future," possibly as early as Monday, CBS News reported, citing Senate Majority Leader John Thune. The final version of the bill will extend government funding until January, but it will still need approval from the House and the signature of the president, according to the report.

Flight cancellations again grew on Monday, largely due to staffing shortages amid the government shutdown, CNBC reported.

"All air traffic controllers must get back to work, now," US President Donald Trump said in a social media post. "Anyone who doesn't will be substantially 'docked.'"

"The bottom line is that the end of the government shutdown will help avoid a more severe (gross domestic product) and corporate earnings slowdown," Macquarie said in a note to clients Monday. "The end of the shutdown may also help ease the recent liquidity squeeze at commercial banks."

Nvidia ( NVDA ) shares were up 5% intraday, the top gainer on the Dow, with Amazon.com ( AMZN ) and Microsoft ( MSFT ) among the best performers on the index.

US Treasury yields were higher, with the 10-year rate up 2.1 basis points at 4.11% and the two-year rate gaining 3.4 basis points to 3.59%.

In company news, TreeHouse Foods ( THS ) agreed to be taken private by a subsidiary of Investindustrial VIII in an all-cash deal with an enterprise value of around $2.9 billion. The food and beverage company's shares were up nearly 22% intraday.

Ball (BALL) shares were down 5.1%, among the steepest declines on the S&P 500, after the company named Ronald Lewis as chief executive, replacing Daniel Fisher, who stepped down from the role.

CoreWeave ( CRWV ) , Occidental Petroleum ( OXY ) , and Rocket Lab ( RKLB ) are scheduled to report their latest quarterly financial results after the closing bell Monday, along with others.

West Texas Intermediate crude oil was up 0.4% at $59.99 a barrel intraday. "Oil prices climbed on optimism about stronger US demand, offsetting concerns over rising global supplies," D.A. Davidson said in a note to clients.

Gold was up 2.7% at $4,118.10 per troy ounce, while silver jumped 4.6% to $50.36 per ounce.

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