Global shares rose on Monday on optimism that an end to the historic U.S. government shutdown was in sight, while yields rose and the dollar nursed losses from last week.
Breakdown
- Global shares rose as the US Senate advanced a measure to reopen the federal government.
- The measure could end a 40-day shutdown but still needs approval from the House and President Trump. 10s
- Nasdaq futures rose over 1.2%, and Asian and European markets also posted gains. 21s
- The shutdown has left many federal workers unpaid and disrupted economic data reporting. 51s
- White House adviser Kevin Hassett warned that US fourth-quarter GDP could be negative if the shutdown continues. 1m 1s