Stock Market Rises as Senate Advances Government Funding Bill
The S&P 500 and Nasdaq 100 surged Monday following a key Senate procedural vote to advance a bill that WOULD extend government funding until January 2026. While final approval remains pending, the market reacted positively to the potential resolution of the shutdown.
Private inflation data from OpenBrand showed October consumer goods prices slowing for the first time in three months, with personal care products leading the decline. Analysts attribute the trend to pre-holiday discounting, as average markdowns approached July 2024's record levels.