Stock market today: Dow, S&P 500, Nasdaq rise as tech rebounds, Supreme Court questions Trump tariffs

Economic Indicators - The ADP report indicated that private-sector employment increased by 42,000 in October, surpassing expectations after two months of declines [2] - The ongoing government shutdown has entered its 36th day, with economic losses estimated at $15 billion per week [5] Stock Market Performance - US stocks rebounded from a previous sell-off, with the S&P 500 rising by 0.4%, the Nasdaq Composite increasing by 0.7%, and the Dow Jones Industrial Average jumping by 0.5% [1] - Tech and Consumer Discretionary stocks led the gains, particularly Tesla, which saw a rise ahead of its shareholder meeting [2] Federal Reserve Insights - The newest voting member of the Federal Reserve, Stephen Miran, expressed support for a potential rate cut at the December meeting, despite some officials suggesting a more cautious approach [3] Trade Developments - The Supreme Court is reviewing a case that questions President Trump's authority to impose tariffs, which could have significant implications for trade policy [4] Corporate Earnings - Qualcomm's upcoming results are being closely watched for insights into the AI sector, while McDonald's reported better-than-expected US sales but noted challenges from consumer headwinds [6]