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US stock futures leaned lower on Tuesday, slipping back from a rally fueled by optimism that Washington may soon end the record-breaking government shutdown. But a vote of confidence came from SoftBank Group,
The Dow, S&P 500, and Nasdaq rose as the stock market digested a Senate vote that raises hopes for an end to the U.S. government shutdown.
The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 index and Nasdaq 100 index, respectively, were lower in premarket on Tuesday. The SPY was down 0.26% at $679.67, while the QQQ declined 0.44% to $620.47, according to Benzinga Pro data.
Markets have turned upbeat amid optimism that the 39-day US shutdown could soon come to an end, after a weekend of dealmaking in Washington. A new bill quickly advanced in a key S
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Shutdown progress propels stocks; Bond yields, gold, bitcoin also rise
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The U.S. stock market closed mostly higher Friday, but it was a tough week for tech as the government shutdown continued.
Follow along for live market updates, including on the Dow, S&P 500 and Nasdaq.
The S&P 500 has soared over 80% in just three years, putting pressure on companies to deliver on lofty expectations.
Among sectors, Consumer Durables, pharma, PSU Bank, realty down 0.5-1%, while telecom index up 1%. BSE Midcap index down 0.2% and Smallcap index down 0.3%. Bajaj Finance, Syrma SGS, Bharti Airtel, HBL Engineering and Britannia Industries are among most active shares on the NSE.