Stocks rallied on hopes the U.S. government shutdown is ending: the Dow leapt roughly 550 points, the S&P 500 ticked higher and the Nasdaq lagged as big‑cap tech cooled. Volatility remains elevated with AI and data‑centre names under pressure, while energy and industrials led sector gains on reopening and risk‑on flows.
After weeks of stalemate, the Senate approved a bipartisan funding package to end the record U.S. government shutdown. The bill now moves to the Republican-controlled House where approval is uncertain and a final vote will determine when federal operations resume.
550 – Points the Dow jumped intraday as investors cheered progress toward ending the U.S. government shutdown.
Airlines have canceled thousands of flights and warn chaos will persist even if the shutdown ends, as the FAA enforces deep cuts to match controller capacity. Travelers and logistics networks face extended disruption during the recovery phase.
Markets rallied on the prospect of a government reopening, with the Dow powering the move while tech lagged. Traders rotated out of the AI darlings into value and cyclical names, driving a sharp intraday swing.
GreenFront Energy posts 40% revenue surge after major wind contract
GreenFront Energy reported a 40% jump in quarterly revenue after winning a large offshore wind contract, signaling strong demand in renewables and lifting regional suppliers.
The Supreme Court extended temporary pauses on judicial orders over SNAP payments while lower courts and states scramble. The legal limbo leaves millions waiting for full food-assistance payments and fuels pressure on Congress to act.
The Trump administration escalated moves against the Consumer Financial Protection Bureau, challenging its funding and seeking structural change. The actions raise regulatory uncertainty for lenders, fintechs and consumer protections ahead of 2026.
MainSt Retail files for Chapter 11, will close 300 stores
Struggling retailer MainSt Retail filed for Chapter 11 and announced plans to shutter 300 underperforming locations as sales crater among lower‑income shoppers.
CoreWeave cut guidance and blamed data-center delivery delays, triggering a steep share drop that rattled the AI infrastructure trade. The setbacks underscore execution risks in the race to build capacity for hyperscalers.
SoftBank’s surprise sale of its Nvidia stake reignited volatility across chip and AI stocks, prompting market questions about where the Japanese group will redeploy capital. Nvidia shares slid on the news, testing the AI rally’s resilience.
Senate funding package includes temporary funding for agencies and a $203.5m boost for lawmaker security; White House moves to challenge CFPB funding and courts have paused SNAP payments pending review.
Yann LeCun’s planned exit from Meta to start a new AI venture signals a shift in the talent landscape at big tech. His departure highlights mounting tensions over research direction as companies chase commercial AI breakthroughs.
AMD doubled down on the data‑center opportunity, forecasting rapid expansion and long-term revenue growth driven by AI demand. The company’s bullish targets keep chipmakers at the center of investor attention in the hardware race.
“We see the data‑center market growing to $1 trillion by 2030 — the demand signal is unmistakable.”
— Lisa Su, AMD CEO
A nationwide baby‑formula recall expanded after an outbreak of infant botulism, forcing companies to pull product and regulators to probe contamination. The crisis strained supply in an already tight market and raises liability risks for manufacturers and retailers.
Coinbase walked away from a proposed $2 billion stablecoin deal, underscoring M&A fragility in crypto infrastructure. Meanwhile crypto exchange Gemini tumbled after disappointing results, keeping pressure on listed crypto firms.
JPMorgan warns the AI buildout will need massive debt markets to fund infrastructure, while private capital eyes huge data‑centre projects. The financing challenge elevates leverage and interest‑rate risk across corporate and bond markets.
FedEx signaled resilience ahead of peak season, citing operational improvements despite industry headwinds. The carrier’s outlook matters for holiday logistics and global supply chains already strained by flight disruptions.
Visa and Mastercard reached a landmark swipe‑fee settlement with merchants, a deal that could reshape card economics and merchant costs. Retailers welcome relief but say the payout falls short of full reform.
President Trump proposed $2,000 ‘tariff dividends’ to Americans, a political gambit that faces legal and accounting hurdles. Analysts warn the plan could cost hundreds of billions and clash with trade and budget rules.
China barred U.S. military access to rare earths and tightened export controls, raising new trade and supply‑chain risks for defense and tech industries. Separately Beijing accused the U.S. of being behind a major bitcoin theft, escalating tensions in cyber and trade domains.
The U.S. beefed up naval presence near Latin America as tensions with Venezuela rose, prompting diplomatic friction and talk of possible stabilization operations. The carrier deployment underscores heightened regional security risk that could affect energy and shipping.
Big industrial deals pressed ahead as Parker‑Hannifin agreed to buy Filtration Group in a multibillion transaction and financial advisors continued to consolidate. The M&A wave reflects demand for scale in industrials and wealth management.