U.S. stocks were set to gain at the market open on Monday with an end to the government shutdown seemingly in sight.
Dow Jones Industrial Average futures were up 87 points, or 0.2%. S&P 500 futures were rising 0.7% and Nasdaq 100 futures were gaining 1.3%. The tech-heavy Nasdaq looked set to lead gains after sinking 3% last week, logging its worst week since the selloff in early April sparked by President Donald Trump’s tariffs announcement.
The Senate passed a procedural vote Sunday night, 60-40, on a deal to end the shutdown, gaining the support of eight moderate Democrats. However the process could last several days, with the agreement needing a final cloture vote in the Senate and to win House approval.