AI-Summary – News For Tomorrow
Global stock markets surged following a US Senate vote to end a five-week government shutdown. Investors were relieved as the impasse fueled concerns about a weakening US economy and the sustainability of high valuations, particularly for AI-related companies like Nvidia. The Senate’s 60-40 vote, achieved through bipartisan cooperation, promises to fund government operations through January. South Korea’s KOSPI led the gains, followed by Japan’s Nikkei 225 and Hong Kong’s Hang Seng. US futures also rose, signaling optimism in the US market. The shutdown had suspended key economic reports, adding to anxieties about rising layoffs.
News summary provided by Gemini AI.
US Senate vote to end shutdown delivers reprieve to investors worried about AI valuations and weakness in US economy.
Published On 10 Nov 2025
Stocks from the United States to Japan have risen sharply amid hopes that an end to the longest US government shutdown in history is imminent.
US lawmakers on Sunday moved to end a five-week impasse over government funding, a boost for investors unnerved by signs of growing weakness in the US economy and the sky-high evaluations of firms involved in artificial intelligence.
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After a group of centrist Democrats broke with party leaders to join Republicans, the US Senate voted 60-40 to advance a bill that would fund government operations through the end of January.
South Korea’s benchmark KOSPI led the gains, rising about 3 percent as of 4pm local time (07:00 GMT).
Japan’s Nikkei 225 and Hong Kong’s Hang Seng also rose sharply, advancing about 1.3 percent and 1.5 percent, respectively.
Futures for the US’s benchmark S&P 500 and tech-heavy Nasdaq-100, which are traded outside of regular market hours, were up about 0.75 and 1.3 percent, respectively.
Nvidia, whose graphics processing units are integral to the development of AI, last month became the first company in history to reach a market valuation of $5 trillion, a day after tech giant Apple surpassed $4 trillion in market value.
While the Bureau of Labor Statistics’ official jobs report has been suspended since August due to the government shutdown, several other analyses have pointed to a rise in layoffs in October.
A separate analysis by Revelio Labs, a workforce analytics company, estimated that the economy shed 9,100 jobs during the month.
