Stock Market News·2025-11-11 11:07Market Overview - U.S. stock futures indicate a mixed to slightly lower open as investors assess the sustainability of recent gains following an AI-driven rally [1][2] - The Nasdaq 100 futures are down 0.28%, S&P 500 futures dipped 0.18%, and Dow Jones futures inched 0.07% lower [2] Major Market Indexes Performance - On November 10, major U.S. market indexes rebounded significantly, with the Nasdaq Composite rising 2.27% to 23,527.17 points, marking its best day since May [4][5] - The S&P 500 climbed 1.54% to 6,832.43, recovering nearly all its previous week's losses, while the Dow Jones Industrial Average rose 0.81% to 47,368.63 points [4][5] AI Sector Dynamics - The AI sector saw a strong rebound, with Nvidia rising 5.8% on Monday, although premarket trading suggests a cooling as investors reassess valuations [10] - Other AI stocks like Alphabet gained 4% and Microsoft added 1.9%, while Palantir Technologies surged nearly 9% [10] Government Shutdown Resolution - A significant factor in the market rally was the Senate passing a bill to fund the government through January 30, 2026, which alleviated economic uncertainty [11] - This bipartisan effort has instilled optimism in the markets, although concerns remain regarding the impact of the shutdown on delayed economic data [11] Company-Specific Highlights - Metsera's shares fell after agreeing to be acquired by Pfizer for approximately $10 billion [12] - Airlines such as United Airlines and American Airlines saw their shares dip due to government-directed flight cuts related to the shutdown [12] Upcoming Market Events - Investors are monitoring key economic reports, including the NFIB Optimism Index, and remarks from Federal Reserve Governor Michael Barr for insights into monetary policy [7] - The earnings season continues, with companies like Oklo, Workhorse, and Sea Limited set to report quarterly results [8]