Overview
- President Donald Trump signed the funding bill, formally ending a 43‑day government shutdown and reopening federal operations.
- U.S. equities reversed their relief rally a day after record Dow closes, with Thursday’s session ending Nasdaq -2.29% and the S&P 500 and Dow -1.65%.
- Technology weakness led the pullback as Nvidia fell about 3.6% and Disney dropped roughly 7.8%, even after AMD’s earlier surge on a bullish AI data‑center outlook.
- The White House said some October employment and inflation reports may not be released as agencies catch up, and CME FedWatch showed December rate‑cut odds easing to roughly 52%.
- Cross‑market moves were choppy: Mexico’s S&P/BMV IPC backed off record highs before a tentative rebound, European indexes turned lower late, and oil prices bounced after a more than 4% slide tied to OPEC+ and inventory concerns.