financetom
Market
financetom
/
Market
/
Stocks Gain Pre-Bell as Senate Moves One Step Further to End Government Shutdown
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Stocks Gain Pre-Bell as Senate Moves One Step Further to End Government Shutdown
Nov 10, 2025 4:45 AM

07:17 AM EST, 11/10/2025 (MT Newswires) -- The benchmark US stock measures were pointing higher before the opening bell Monday, after the Senate reportedly took a crucial step in ending the ongoing US federal government shutdown.

The S&P 500 rose 0.9%, the Dow Jones Industrial Average increased 0.4% and the Nasdaq gained 1.4% in premarket activity. The S&P 500 and the Dow finished Friday's trading session in the green, while the Nasdaq closed lower for the second consecutive day.

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

The Senate will likely vote again on the measure Monday before it proceeds to the US House of Representatives for approval and President Trump's signature, according to media outlets. If left unresolved, the stoppage could again delay key inflation data scheduled for later this week, including the consumer price index and the producer prices report, both for October.

On Friday, preliminary results from a University of Michigan survey showed that consumer sentiment in early November fell to the weakest level in more than three years amid concerns about the government shutdown's impact on the world's largest economy.

Treasury yields were trending upwards in premarket action, with the two-year rate inclining 3.4 basis points to 3.59% and the 10-year rate adding 3.5 basis points to 4.13%.

Unemployment rate expectations continued to worsen in the US last month, according to a survey released Friday by the Federal Reserve Bank of New York. The survey also showed that consumers' inflation expectations fell at the short-term horizon in October, but stayed unchanged at the medium- and long-term horizons.

Shares of Rumble (RUM) jumped 23% pre-bell after the video-sharing platform's third-quarter net loss narrowed year over year, while the firm agreed to acquire German artificial intelligence company Northern Data in an all-stock exchange deal.

Tyson Foods ( TSN ) , KE Holdings ( BEKE ) , Roivant Sciences ( ROIV ) , Maplebear ( CART ) and monday.com ( MNDY ) report their latest financial results before the bell, among others. CoreWeave ( CRWV ) , Occidental Petroleum ( OXY ) , Rocket Lab ( RKLB ) and AST SpaceMobile ( ASTS ) post earnings after the markets close.

West Texas Intermediate crude oil ticked up 0.2% to $59.85 a barrel before the open. Gold advanced 2.1% to $4,092 per troy ounce, while bitcoin climbed 1.6% to $106,212.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Mar 21, 2024
TOKYO, March 22 (Reuters) - Japan's Nikkei share average hit a record high on Friday, underpinned by the strength on Wall Street overnight and as a weaker yen prompted investors to buy automakers. The Nikkei rose to as high as 41,087.75 earlier in the session, crossing the 41,000 level for the first time. The index ended 0.07% higher at 40,844.53...
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
Sector Update: Health Care
Sector Update: Health Care
Mar 21, 2024
03:42 PM EDT, 03/21/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.3%. The iShares Biotechnology ETF (IBB) climbed 0.9%. In corporate news, Eledon Pharmaceuticals ( ELDN ) shares surged 12% after it said its tegoprubart monoclonal antibody was used...
Copyright 2023-2026 - www.financetom.com All Rights Reserved