March S&P 500 E-Mini futures (ESH25) are up +0.80%, and March Nasdaq 100 E-Mini futures (NQH25) are up +1.01% this morning as optimism over the likely aversion of a U.S. government shutdown boosted sentiment.
A day after stating that Republicans lacked the votes to pass a spending bill to keep the federal government funded through September, Senate Minority Leader Chuck Schumer said Thursday evening that he will support the bill, clearing the path for its passage. “I believe it is my job to make the best choice for the country to minimize the harms to the American people. Therefore, I will vote to keep the government open and not shut it down,” Schumer said on the Senate floor. Avoiding the government shutdown eliminates a source of uncertainty for investors, who are already on edge over U.S. economic growth amid President Donald Trump’s tariff war.
