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US S&P 500 gains 0.7% on hopes of government shutdown resolution and fiscal clarity
S&P 500 rose 0.
US equities climbed on November 10 with the S&P 500 rising 0.7 percent as progress toward resolving the federal government shutdown boosted investor confidence. Financials, industrials, and consumer discretionary stocks led the gains while Treasury yields moderated slightly. The Nasdaq also traded higher intraday before ending flat as technology shares saw profit-taking. Market participants noted a general improvement in liquidity sentiment following indications of continued fiscal spending and easing credit conditions across major US money markets.