The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.13%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.16%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.28%. December E-mini S&P futures (ESZ25) rose +0.14%, and December E-mini Nasdaq futures (NQZ25) fell -0.22%.
US stock indexes recovered early losses on Friday and settled mixed. Stocks rebounded Friday afternoon after Senate Democrats scaled back their demands to reopen the government, calling for a one-year extension of expiring health care subsidies. However, Republicans rejected the offer and said they would meet with Democrats on health care tax credits only if Democrats agreed to reopen the government. The fact that both parties were trading offers was seen as a positive step toward finally ending the shutdown, leading to a recovery in stocks.
