U.S. stock futures rose ahead of Thursday’s session after President Donald Trump signed a funding bill late Wednesday to end the longest federal government shutdown in U.S. history. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were up 0.21%, 0.25%, and 0.15%, respectively, at 11:54 p.m. EST on November 12.
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The shutdown ended after both the House and Senate approved the bill, with the House voting 222–209. Federal workers have been told to return to their jobs on Thursday. Markets welcomed the move, as it removes a major source of uncertainty that had weighed on sentiment in recent weeks.
Stocks witnessed a mixed trading session on Wednesday. The Dow Jones closed above 48,000 for the first time, rising 0.7%. Meanwhile, the S&P 500 edged up 0.1%, while the Nasdaq dipped 0.3%.
On the earnings front, Walt Disney (DIS), Applied Materials (AMAT), JD.com (JD), and Virgin Galactic (SPCE) will release their results tomorrow.
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