US stocks rally with end to government shutdown in sight

Market Overview - US stocks experienced a rally as investors anticipated a potential end to the longest government shutdown in history, with the Dow Jones Industrial Average rising by 390 points (0.8%), the S&P 500 increasing by 1.6%, and the Nasdaq climbing by 2.4% [1][2] Government Shutdown Impact - The Senate is expected to vote on a deal to fund the government through January 30, 2026, although the House of Representatives will not reconvene until Wednesday, likely prolonging the shutdown for a few more days [2][5] - The shutdown has lasted just over 40 days, marking a historical record [2] Technology Sector Performance - Tech stocks, particularly those involved in AI, led the market rally, with Nvidia shares increasing by 6.2% and Broadcom rising by 3% [2] - Palantir's shares surged by 9% following a previous decline due to concerns over overestimated AI potential [3] - Microsoft shares rose by 2%, breaking an eight-day losing streak, the longest since 2011 [4] Economic Sentiment - Consumer sentiment dropped to its lowest level in over three years, with a reading of 50.3, reflecting a 6.2% decrease from the previous month and about a 30% decline from the same time last year [7] - Broader economic concerns, particularly regarding inflation, continue to affect consumer perceptions, with rising prices across various goods [8]