Nasdaq Jumps in Biggest Rally Since May
Published on November 11, 2025
Published on November 11, 2025
Signs that the record-long U.S. federal government shutdown may soon end sparked a broad rally across financial markets, delivering the Nasdaq’s strongest session since May 27.
Late Sunday, the Senate passed a key procedural vote after Democrats supplied enough support to move a bill forward. The next step is for the Republican-controlled House to take up the measure.
All three major U.S. indices advanced, led by a rebound in technology shares after last week’s weakness. The Nasdaq jumped 2.3%, its best one-day gain since late May’s 2.5% surge. Chipmakers including Micron and TSMC rallied, alongside the “Magnificent Seven” names such as Alphabet, Nvidia, and Tesla. Gold futures and Treasury yields also moved higher.
Once the government reopens, delayed economic releases are expected to flow, including the September jobs report, which analysts see as crucial for the Federal Reserve’s December rate decision.
An end to the shutdown would also allow federal workers to receive missed paychecks—an improvement that could bolster consumer spending. While President Trump on Monday threatened to withhold pay from air-traffic controllers who called out during the shutdown, airlines would welcome a resolution ahead of the busy Thanksgiving travel season, as flight operations are currently being constrained.
Market roundup:
Bitcoin rose, lifting crypto-linked stocks like Robinhood and Coinbase.
Warren Buffett said he intends to hold a “significant amount” of Berkshire Hathaway Class A shares until shareholders feel confident in his successor.
Chinese markets advanced after October data showed easing deflation. Other global indices also moved higher, including Japan’s Nikkei 225 and Europe’s Stoxx 600, both up more than 1%.
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