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Stocks Extend Rebound as House Weighs Stopgap to End U.S. Shutdown

Investors await House action that would clear a temporary funding plan for President Trump's signature.

Overview

  • Germany’s DAX is set to open higher near 24,215 after closing at 23,959, with 24,500 cited as the next technical hurdle.
  • The Senate approved a transition budget and the House plans to consider it next, with the vote timing uncertain before it can be sent to the president.
  • U.S. equities advanced Tuesday led by the Dow, which rose 1.2% to 47,928, while the S&P 500 added 0.2% and the Nasdaq slipped 0.2%.
  • Gold held above $4,100 per ounce before easing about 0.9%, and Brent crude traded around $65 with modest declines.
  • Stock moves included a sharp rise in Fraport after strong operating results, gains in Siemens Energy following a Jefferies call, and losses in Münchener Rück after it maintained guidance.