U.S. stock futures jumped sharply on Sunday evening after the Senate passed a crucial spending bill aimed at ending the longest government shutdown in American history.
S&P 500 futures rose 0.7% to 6,800.25, Nasdaq 100 futures gained 1.2% to 25,471.0, and Dow futures added 0.2%. The rebound followed a week of sharp tech-driven selloffs as investors grew wary of an AI-fueled valuation bubble.
The breakthrough came after eight Democratic senators reached a deal with Republican leaders to reopen the government in exchange for a future vote on healthcare subsidies. The Senate voted 60–40 to break the Democratic filibuster and move the appropriations bill forward.
Now entering its 40th day, the shutdown had disrupted air travel, delayed key economic reports, and weighed heavily on GDP projections. The Senate’s move eased market concerns and lifted investor confidence heading into the new week.
Last week, tech stocks dragged major indexes lower — the Nasdaq fell 3%, while NVIDIA plunged over 7%. Traders are now watching the Federal Reserve’s December meeting, with futures markets pricing in a 62% chance of a 25-basis-point rate cut.