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Kiplinger
Kiplinger
Business
David Dittman

Fed Vibes Lift Stocks, Dow Up 515 Points: Stock Market Today

(Image credit: Getty Images)

Stocks rebounded Monday as markets continued to price in President Donald Trump's nomination of Kevin Warsh to replace Jerome Powell as Fed chair. The main U.S. equity indexes also reflected the bullish history of government shutdowns, even if the one that began on Saturday is only partial and is expected to be much shorter than the one that ended in November.

Washington, D.C., is closed again for a lot of official business, with the House of Representatives not set to vote until Tuesday on a bill to end the latest government shutdown.

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