Morning Bid: A re-open rally

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>By Mike DolanMon, November 10, 2025 at 1:03 PM GMT+1 5 min readBy Mike Dolan-What matters in U.S. and global markets todayBy Mike Dolan, Editor-At-Large, Finance and MarketsJust as U.S. households were fretting about the effect on travel and the wider economy of the longest-ever government shutdown, the U.S. Senate on Sunday ​finally began the process of re-opening Washington, spurring a rally in U.S. stock futures and world markets after a bumpy week.While the process of re-‌opening government could yet take several days and the proposed Senate bill would only fund government through January, U.S. stock futures jumped about 1% ahead of Monday's bell and Treasury long bond yields briefly touched ‌their highest in over a month.The dollar edged lower as risk appetite appeared to be rekindled, although gold, crude oil prices and bitcoin climbed.The prospect of a deluge of delayed U.S. economic data over the coming weeks is likely to make for noisy and potentially volatile trading, even though there's a chance some reports may never be released in full, due to data-collection issues.Wall Street's VIX volatility gauge, however, slipped back lower from last week's highs and settled at about 18.6 on Monday.The messy economic picture for the Federal Reserve ⁠is unlikely to clear up any time soon, with futures currently ‌seeing about a two-thirds chance of another interest rate cut next month.Although the planned end of the Fed's balance sheet rundown from next month ostensibly cossets Treasury markets to some degree, they have to navigate another heavy week of government debt sales - starting with about ‍$58 billion of 3-year notes on Monday.Overseas, Japan's yen weakened again after new Prime Minister Sanae Takaichi said she would work on a new fiscal target over several years to allow more flexible spending - essentially watering down the country's commitment to fiscal consolidation. Takaichi also called for the Bank of Japan to go slow on interest rate hikes, raising pressure on a central bank sizing up ​its next hike ahead of December's policy decision.Chinese stocks advanced after better-than-feared inflation news at the weekend, which saw annual consumer price growth return to positive territory ‌and producer price deflation easing somewhat in October. While reduced deflation fears may be some relief, they may also cut across pumped-up stimulus hopes to some degree.But there was other worrying news there about the state of domestic demand. China's car sales fell unexpectedly in October from a year earlier, snapping an eight-month growth streak, as consumer sentiment weakened amid reduced tax exemptions and government subsidies.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,814.25 +60.50 (+0.90%)Dow Futures47,269.00 +184.00 (+0.39%)Nasdaq Futures25,519.50 +353.25 (+1.40%)Russell 2000 Futures2,470.60 +30.00 (+1.23%)VIX18.63 -0.45 (-2.36%)Gold4,103.40 +93.60 (+2.33%)PortfolioSign in to access your portfolioSign inTop gainersGMED Globus Medical, Inc. 83.89 +22.18 (+35.94%)FROG JFrog Ltd. 60.00 +12.74 (+26.96%)EOSE Eos Energy Enterprises, Inc. 18.26 +2.97 (+19.42%)OS OneStream, Inc. 22.74 +3.66 (+19.18%)EXPE Expedia Group, Inc. 258.25 +38.55 (+17.55%)Top losersUI Ubiquiti Inc. 612.19 -147.38 (-19.40%)PRMB Primo Brands Corporation 14.46 -3.24 (-18.31%)RUN Sunrun Inc. 17.13 -3.29 (-16.11%)DIOD Diodes Incorporated 44.28 -7.53 (-14.53%)DOCS Doximity, Inc. 54.29 -8.29 (-13.25%)Most activeNVDA NVIDIA Corporation 188.15 +0.07 (+0.04%)OPEN Opendoor Technologies Inc. 6.56 0.00 (0.00%)ACHR Archer Aviation Inc. 8.18 -0.70 (-7.88%)PFE Pfizer Inc. 24.43 +0.01 (+0.04%)PLUG Plug Power Inc. 2.6500 +0.1400 (+5.58%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersXRP-USD XRP USD 2.53 +0.25 (+11.14%)BYND Beyond Meat, Inc. 1.3900 +0.2000 (+16.81%)B Barrick Mining Corporation 33.09 +0.54 (+1.66%)MNDY monday.com Ltd. 189.59 +8.57 (+4.73%)IMTE Integrated Media Technology Limited 0.7322 -0.1360 (-15.66%)Top economic events