Overview

• The S&P 500 rose 0.58% and the Nasdaq gained 1.12% to new closing highs, while the Dow finished essentially unchanged.
• Chipmakers led the advance as AI enthusiasm persisted, with AMD jumping about 11% after reports of an OpenAI partnership.
• Federal Reserve minutes from September showed most policymakers favor additional easing this year, though views diverged on timing and pace.
• The U.S. government shutdown reached day eight, delaying key economic releases and pushing attention to upcoming earnings and Fed speeches.
• Gold traded above $4,000 near record levels as a haven, and U.S. crude inventories rose by 3.715 million barrels while oil prices eased on reported Israel–Hamas ceasefire progress.