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Wall Street Jumps on Shutdown Hopes as Tokyo Reverses Late

A Senate step toward a stopgap spending bill lifted risk appetite, pushing the dollar near ¥154.

Overview

  • The Dow rose 381.53 points to 47,368.63 and the Nasdaq gained 522.63 points to 23,527.17 on Nov. 10 as investors bet on progress toward ending the partial U.S. government shutdown.
  • Nvidia climbed 5.8% and Microsoft added 1.9%, with large-cap technology shares leading the U.S. rebound.
  • The U.S. Senate approved a procedural motion to take up a short‑term funding measure, raising expectations that the shutdown could be lifted pending further legislative action.
  • Risk-on flows strengthened the dollar to roughly ¥154.10–20 in New York trading, with Tokyo levels later holding near ¥154.18–19.
  • Tokyo stocks opened sharply higher on the U.S. rally—Nikkei morning close 51,131.28—but profit-taking, including caution ahead of SoftBank Group earnings, drove a late pullback to finish down 68.83 at 50,842.93.