Dow Jones Rises on Government Reopening Hopes Amid Slowing Inflation
The Dow Jones Industrial Average (DJIA) edged higher as Optimism grew over a potential end to the 41-day government shutdown. The Senate advanced a bill to extend funding until January 2026, with a House vote expected imminently. Speaker Mike Johnson recalled lawmakers for a decisive session, signaling progress toward reopening federal agencies.
While the shutdown has disrupted official economic data, private metrics show consumer goods inflation slowed to 0.22% in October—the first deceleration in three months. The absence of government reports has left markets relying on alternative sources like OpenBrand's inflation indicators.
Former President TRUMP proposed a $2,000 tariff dividend for middle- and low-income Americans, though details remain unspecified. This comes as markets weigh the dual catalysts of political developments and macroeconomic trends.
