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Barchart
Barchart
Oleksandr Pylypenko

Stocks Set to Open Sharply Higher as End to U.S. Government Shutdown Nears

December S&P 500 E-Mini futures (ESZ25) are up +0.92%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +1.39% this morning as optimism that lawmakers are nearing a deal to end the longest government shutdown in U.S. history boosted sentiment.

The Senate overcame a major hurdle in its effort to end the record-long shutdown on Sunday, after Democrats provided enough votes to advance a House-passed bill that will be amended to fund the government through January 30th and include a package of three full-year appropriations bills. The Senate voted 60-40 on the procedural measure to advance the bill, though several other procedural steps still need to be cleared. “It looks like we are getting close to the shutdown ending. You’ll know very soon,” U.S. President Donald Trump told reporters on Sunday.

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