Here’s a rephrased version: **U.S. market update:** Futures for the Dow, S&P 500, and Nasdaq climbed after a key vote moved forward a bill aimed at preventing a government shutdown.
Here is a rephrased version:
U.S. stock futures moved higher Monday morning after a key vote advanced legislation aimed at ending the nation’s record-long government shutdown.
S&P 500 futures (ES=F) rose 0.5%, Nasdaq 100 futures (NQ=F) climbed 0.9%, and Dow Jones Industrial Average futures (YM=F) edged up 0.2%.
The gains came as investors watched closely for signs of progress in Washington. Lawmakers spent the weekend working toward an agreement to restore federal funding after a 39-day shutdown that has stalled government services and delayed major economic data releases.
Senate Majority Leader John Thune said Sunday that a bipartisan deal is “coming together.” The plan under discussion would reopen the government through January and reverse some recent federal layoffs, though uncertainty remains around the continuation of healthcare subsidies. A procedural Senate vote is expected late Sunday, but the bill’s prospects in the House are still unclear.
The lengthy shutdown has weighed on both consumer sentiment and economic momentum. The University of Michigan’s consumer confidence index has fallen to a more-than-three-year low, sitting just above historic lows. Key data releases — including CPI, PPI, and the monthly jobs report — have also been postponed due to the closure.
Meanwhile, investors will shift focus to corporate earnings this week, with tech updates from CoreWeave (CRWV), Oklo (OKLO), and Rocket Lab (RKLB). The entertainment industry will also be in the spotlight as The Walt Disney Company (DIS) and Paramount Skydance (PSKY) report results.
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