04:57 PM EST, 11/11/2025 (MT Newswires) -- The Dow Jones Industrial Average hit an all-time high Tuesday as the US government shutdown appeared edging toward a resolution, though some technology stocks, including Nvidia ( NVDA ) , came under pressure.

The Dow rose 1.2% to notch a fresh record closing high of 47,928. The S&P 500 advanced 0.2% to 6,846.6, extending gains to a third day. The Nasdaq Composite fell 0.3% to 23,468.3.

Barring technology, all sectors ended higher, led by health care's 2.3% jump.

A US federal government shutdown is now into its record 42nd day. A funding bill that would end the stoppage is headed to the House for a final vote as soon as Wednesday, following the Senate's approval on Monday, CBS News reported.

Neither chamber was in session due to the Veterans Day holiday, according to the Tuesday report.

Nvidia's ( NVDA ) shares tumbled 3%, the steepest decline on the Dow, as Japan's SoftBank Group disclosed that it sold its entire stake in the US chipmaking giant for about $5.8 billion last month.

On Monday, investor Michael Burry said that some of the tech heavyweights may be artificially boosting their earnings by understating depreciation expenses. Burry claimed that Oracle (ORCL) and Meta Platforms ( META ) will have overstated their earnings by nearly 27% and 21%, respectively, by 2028.

Oracle shares lost 1.9%, while Facebook and Instagram parent Meta lost 0.7%.

"We believe a durable technology spending trend is in progress," Wells Fargo Investment Institute said in a report. "However, occasional price corrections are always part of the challenge of investing, so we approach the information technology sector with a discipline that tries to preserve value."

CoreWeave ( CRWV ) shares sank 16%. The artificial intelligence cloud computing firm late Monday lowered its full-year revenue outlook due to a delay at one of its third-party data center providers, even as it recorded better-than-expected third-quarter results.

"CoreWeave's ( CRWV ) update is the AI build-out in miniature: momentum on orders, friction on delivery," Saxo Bank said in a report published Tuesday. "For investors, the signal is not about a broken demand story but about sequencing."

Paramount Skydance ( PSKY ) shares jumped 9.8%. The company late Monday issued an upbeat fourth-quarter revenue outlook.

Parker Hannifin ( PH ) shares rose 2.1% after the company said it agreed to acquire privately held filtration solutions provider Filtration Group in a $9.25 billion cash deal that is expected to expand Parker's filtration offering and aftermarket business.

The US bond market was closed Tuesday due to the Veterans Day holiday.

In economic news, US small business optimism deteriorated for a second straight month in October, with owners citing labor quality as their top concern next to taxes, a National Federation of Independent Business survey showed.

"Optimism among small businesses declined slightly in October as owners report lower sales and reduced profits," NFIB Chief Economist Bill Dunkelberg said. "Additionally, many firms are still navigating a labor shortage and want to hire but are having difficulty doing so, with labor quality being the top issue for Main Street."

West Texas Intermediate crude oil was up 1.4% at $60.96 a barrel in Tuesday late-afternoon trade.

Gold was up 0.3% at $4,136.20 per troy ounce, while silver rose 1.5% to $51.08 per ounce.