HomeUS GovernmentUS stock futures advance as investors cheer possible end to federal shutdown

US stock futures advance as investors cheer possible end to federal shutdown

Nov 12 (Reuters) – Wall Street futures ticked higher on Wednesday as investors cheered a possible end to the longest U.S. government shutdown, while an upbeat earnings outlook from Advanced Micro Devices revived optimism around AI.
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At 5:44 a.m. ET, Dow E-minis were up 53 points, or 0.11%, S&P 500 E-minis were up 19 points, or 0.28% and Nasdaq 100 E-minis were up 139.75 points, or 0.55%.
Members of the House of Representatives headed back to Washington on Tuesday after a recess for a vote that could reopen the government and restore stability to air travel and food subsidies.
The vote is due to take place on Wednesday afternoon on a compromise that would restore funding to government agencies, with President Donald Trump expected to sign it into law.
The 42-day long closure has weighed on the economy. In the absence of government-collected data, both the Federal Reserve and traders have looked to private economic indicators to gauge the economic impact.

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