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Global equities rise on growing odds of US shutdown resolution

Global stocks rose on 10 November after renewed hopes of ending the US government shutdown boosted futures in the US, Asia and Europe.
Global share-markets advanced on 10 November after the US Senate moved to approve a temporary funding bill, heightening hopes of ending the 40-day shutdown. The S&P 500 futures gained about 0.74 %, while Nasdaq futures rose 1.27 % as investor sentiment improved. The MSCI Asia-Pacific index excluding Japan jumped 1.36 %, and European futures were up around 1.5 %.
Treasury yields rose and the dollar steadied, while analysts cautioned that damage from the shutdown may already weigh on US growth and consumer sentiment.