U.S. Futures Rise as Government Shutdown Nears End
U.S. stock futures climbed Sunday evening as lawmakers signaled progress toward ending the 39-day government shutdown. Nasdaq 100, Dow Jones, and S&P 500 futures ROSE 0.56%, 0.33%, and 0.34% respectively, marking a tentative rebound after last week's losses.
The shutdown's economic toll became increasingly evident as consumer confidence hit a three-year low and key data releases like CPI and PPI were suspended. Senate Majority Leader John Thune acknowledged budget negotiations were 'coming together,' though cautioned a deal remained unfinished.
Markets remain attuned to Washington's next moves, with the prolonged stalemate having already triggered the worst weekly decline for the Nasdaq since April. The resolution's timing could prove pivotal for restoring investor confidence amid the earnings season's twilight.
