Markets Rally on Schumer's Funding Deal, Eyes on AI Earnings
Update: 2025-11-10
Description
Stocks rebounded as Schumer proposed a funding deal, ending the shutdown and boosting tax credits for the Affordable Care Act. The Dow and S&P 500 rose slightly, but the lack of official data due to the shutdown is complicating the Feds outlook. Markets are now relying on private reports, like the small business optimism index, for economic insights. Investors are also watching third-quarter earnings, with major companies like Disney and Cisco set to report, and AI chip giant Nvidia providing a key sentiment gauge.
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