Traders work on the floor of the New York Stock Exchange (NYSE) on November 07, 2025 in New York City.
Spencer Platt | Getty Images
Stock futures rose after lawmakers neared a deal to end the historic U.S. government shutdown.
S&P 500 futures gained 0.6% and futures tied to the Dow Jones Industrial Average added 79 points, or 0.17%. Nasdaq-100 futures were trading 1% higher.
Investors continue to monitor lawmakers’ negotiations to pass a federal funding bill that would end a shutdown that’s dragged on for 39 days.
A deal being discussed on Sunday would reopen the government into January and reverse some of the recent mass federal layoffs. People familiar with the situation told CNBC that enough Democratic senators had agreed to vote for the deal to clear a 60-vote minimum threshold. The Senate may vote on the deal as early as Sunday evening, which if passed would have to be approved by the House of Representatives and signed into law before the shutdown could end.
The deal being discussed also includes future protections for government workers. The potential agreement does not include an extension of ACA credits, a key sticking point for most Democrats, but it would call for a vote on the subsidies in December.
Concerns over the shutdown have driven consumer sentiment to its lowest level in more than three years, just above its worst-ever, according to a University of Michigan survey released on Friday. Due to the closure, federal agencies are no longer releasing many key economic reports, including the Consumer Price Index and Producer Price Index, which were scheduled for release this week.
The shutdown has added to angst in the stock market, which is coming off a rough week because of mounting concerns over too-high valuations in stocks tied to artificial intelligence. The Nasdaq Composite posted its worst week since the tariff-driven selloff in April, losing 3%. The S&P 500 lost 1.6% and the Dow Jones Industrial average shed 1.2% for the weeek.
Investors will get a look at a handful of earnings reports this week, including Walt Disney’s quarterly results on Thursday.
“A risk-off rally on tech AI stalwart names such as Microsoft, Palantir, Nvidia among others has put some near-term concern in this tech bull market,” Wedbush analyst Dan Ives said Sunday in a note to clients.