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Stock market today: live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on November 07, 2025 in New York City.
Spencer Platt | Getty Images
Stock futures rose after some signs of progress among congressional lawmakers over the weekend to end the historic U.S. government shutdown.
S&P 500 futures gained 0.5% and Nasdaq 100 futures were trading 0.7% higher. Futures tied to the Dow Jones Industrial Average rose 150 points, or 0.3%.
Investors continue to monitor lawmakers’ negotiations to pass a federal funding bill that would end a shutdown that’s dragged on for 39 days. Senate Majority Leader John Thune, R-S.D. said Sunday an agreement on the federal budget is “coming together,” although he warned that any such resolution is not a done deal. The deal being discussed would reopen the government into January and reverse some of the recent mass federal layoffs. However, it was unclear how the extension of health care subsidies would be dealt with in the new plan or whether enough Democrats would support the package without that.
Bloomberg News reported, citing a person familiar with the talks, that there were some Democrats possibly in favor of the new package, with some details yet to be worked out.
Concerns over the shutdown have driven consumer sentiment to its lowest level in more than three years, just above its worst-ever, according to a University of Michigan survey released on Friday. Due to the closure, federal agencies are no longer releasing many key economic reports, including the Consumer Price Index and Producer Price Index, which were scheduled for release this week.
The shutdown has added to angst in the stock market, which is coming off a rough week because of mounting concerns over too-high valuations in stocks tied to artificial intelligence. The Nasdaq Composite posted its worst week since the tariff-driven selloff in April, losing 3%. The S&P 500 lost 1.6% and the Dow Jones Industrial average shed 1.2% for the weeek.
Investors will get a look at a handful of earnings reports this week, including Walt Disney’s quarterly results on Thursday.
“A risk-off rally on tech AI stalwart names such as Microsoft, Palantir, Nvidia among others has put some near-term concern in this tech bull market,” Wedbush analyst Dan Ives said Sunday in a note to clients.
