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Dow Closes at Record 48,254 as Shutdown Deal Nears and AI-Fueled AMD Surges

Investors look to an expected House vote tonight on the Senate funding bill to end the 43‑day shutdown.

Overview

  • The Dow rose 0.7% to 48,254.82 for a second straight record close, while the S&P 500 edged up 0.1% and the Nasdaq fell 0.3%.
  • Financials led the advance, with Goldman Sachs, JPMorgan and American Express hitting intraday records and sector ETFs gaining.
  • AMD jumped about 9% after CEO Lisa Su outlined strong multi‑year AI-driven growth targets, lifting chip stocks even as broader tech remained choppy.
  • A shutdown resolution is seen as likely after the Senate passed a stopgap bill and the House scheduled a vote for Wednesday night.
  • Markets expect the reopening to restart key labor and inflation reports that guide Federal Reserve decisions, with traders preparing for a fuller data calendar.