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sharply higher today after a group of eight Senate Democrats on Sunday broke with their party to vote with Republicans to advance a bill to reopen the government.  The move boosted market sentiment and sparked a risk-on mood in asset markets.  The Senate must still schedule a final vote, and the measure must pass the House before reaching President Trump for his signature.  The bill would provide full-year funding for some departments, fund other agencies through January 30, and provide pay for furloughed government workers.  The bill will also resume withheld federal payments to states and localities and recall agency employees who were laid off during the shutdown.Nvidia Looks 22% Undervalued Here Based on Projected FCF Margins - $230 Price TargetTechnical Support Levels, CPI and Other Key Things to Watch this WeekMichael Burry Is Betting Against Palantir Stock. At Least 1 Analyst Thinks It Can Gain 50% from Here.Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else.Positive comments today from San Francisco Fed President Mary Daly were supportive for stocks and bonds when she said, “So far, the effects of the tariffs have largely been confined to goods, with little spillover into services inflation or inflation expectations, which remain relatively well-anchored around our 2% target.” She added that “we also see a labor market that’s softening and wage growth that is moderating, so you’re really not going to see a lot of pressure on the cost side of labor, meaning we don’t want to make the mistake of holding on too long to high interest rates only to find out we’ve injured the economy.”The US government shutdown, now in its seventh week —the longest in history —is weighing on market sentiment and the US economy.  The government shutdown is delaying a host of government reports and is having an adverse effect on the US economy.The markets are discounting a 65% chance of another -25 bp rate cut at the next FOMC meeting on December 9-10.The US Supreme Court last Wednesday appeared skeptical about whether President Trump’s reciprocal tariffs are legal.  Chief Justice Roberts and Justices Gorsuch and Coney questioned President Trump’s use of an emergency-powers law to collect tariffs, with Roberts saying the tariffs were an “imposition of taxes on Americans, and that has always been the core power of Congress.” The Supreme Court is expected to issue its ruling by late this year or early in 2026.  Lower courts have already ruled that Mr. Trump’s reciprocal tariffs are illegal, finding they are based on a specious claim of emergency authority under the 1977 International Emergency Economic Powers Act.  If the US Supreme Court upholds those rulings and strikes down the tariffs, then the US government may have to refund the reciprocal and fentanyl-linked tariffs already collected, totaling more than $80 billion, and Mr. Trump’s power to impose tariffs may be limited to well-founded sections of US trade law, such as sections 232, 301, and 201.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,881.25 +9.75 (+0.14%)Dow Futures48,057.00 +27.00 (+0.06%)Nasdaq Futures25,715.75 +75.00 (+0.29%)Russell 2000 Futures2,463.10 -3.10 (-0.13%)VIX17.28 -0.32 (-1.82%)Gold4,125.00 +8.70 (+0.21%)PortfolioSign in to access your portfolioSign inTop gainersEWTX Edgewise Therapeutics, Inc. 21.48 +3.20 (+17.51%)LB LandBridge Company LLC 85.55 +10.55 (+14.07%)DNLI Denali Therapeutics Inc. 17.58 +1.98 (+12.69%)APGE Apogee Therapeutics, Inc. 62.95 +6.18 (+10.89%)CWAN Clearwater Analytics Holdings, Inc. 18.40 +1.71 (+10.25%)Top losersLIF Life360, Inc. 72.79 -20.51 (-21.98%)CRWV CoreWeave, Inc. 88.39 -17.22 (-16.31%)BTDR Bitdeer Technologies Group 15.02 -2.63 (-14.90%)CENX Century Aluminum Company 27.88 -4.43 (-13.71%)WULF TeraWulf Inc. 12.37 -1.93 (-13.50%)Most activeOPEN Opendoor Technologies Inc. 8.48 +0.51 (+6.40%)PLUG Plug Power Inc. 2.5300 -0.0300 (-1.17%)NVDA NVIDIA Corporation 193.16 -5.89 (-2.96%)BBAI BigBear.ai Holdings, Inc. 6.06 +0.35 (+6.13%)PFE Pfizer Inc. 25.51 +1.12 (+4.59%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersAMD Advanced Micro Devices, Inc. 237.52 -6.46 (-2.65%)BTC-USD Bitcoin USD 103,117.41 -3,541.14 (-3.32%)MRK Merck & Co., Inc. 90.95 +4.20 (+4.84%)OKLO Oklo Inc. 104.22 -7.30 (-6.55%)ETH-USD Ethereum USD 3,425.10 -191.77 (-5.30%)Top economic events