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Trump Signs Bill Ending 43-Day Shutdown, Markets Rally

Data gaps from the closure leave the Fed guessing, with investors awaiting catch‑up reports.

Overview

  • Congress sent the stopgap funding bill to the president, who signed it late at night to end the longest U.S. government shutdown and reopen federal services after 43 days.
  • The White House warned that October employment and Consumer Price Index reports may never be released, leaving permanent holes in the economic record.
  • Agencies are restarting data collection, with September’s jobs report expected to be the first major release as officials work through backlogs.
  • Global stocks edged higher with several indexes near records, though Siemens fell about 4% after an earnings shortfall, tempering European gains.
  • Investors are leaning toward a Federal Reserve rate cut as delayed data arrive and private surveys show labor‑market softness, while recovery of operations will be slow and Japan’s weak yen drew fresh monitoring.