Following a crucial move by Senate senators towards a possible agreement to end the historic U.S. government shutdown, stock futures increased on Monday.
Futures linked to the Dow Jones Industrial Average climbed 171 points, or 0.4%, while S&P 500 futures increased by around 1%.
Futures for the Nasdaq-100 were up 1.5%.
The increases in premarket trading were driven by Nvidia, Broadcom, and other artificial intelligence bull market leaders, as investors became more willing to take risks due to the potential end of the shutdown.
Last week, those stocks caused the overall market to decline as Wall Street became concerned about the high valuations in the AI trade.
Source (CNBC)
