U.S. stock futures held near flat on Monday evening after a strong trading session due to optimism that the U.S. government shutdown may soon end. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were down 0.01%, 0.02%, and 0.01%, respectively, at 6:22 p.m. EST on November 10.
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Earlier in the day, the Nasdaq Composite surged 2.3%, its strongest performance since May, as investors returned to AI stocks after last week’s dip. Further, the S&P 500 and the Dow Jones rose 1.5% and 0.8%, respectively.
Looking ahead, Fed governor Michael Barr is expected to speak tomorrow. Also, the NFIB optimism index, a monthly measure of how optimistic small business owners are about the economy, will be made public on Tuesday.
On the earnings front, Oklo (OKLO), Workhorse (WKHS), SoftBank (SFTBY), and Sea (SE) will release their results tomorrow.
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