By Dow Jones Newswires Staff
U.S. Futures and global markets were mostly higher after the record 43-day U.S. government shutdown ended late Wednesday following the approval of a new funding package through to Jan. 30. The package, signed by President Trump, will ensure that federal employees, including air-traffic controllers, get paid and sends hundreds of thousands of furloughed government workers back to work.
--U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average increased 0.2%. The S&P closed at its fifth-highest level in history, while the DJIA hit its 17th record close this year. However, the tech-heavy Nasdaq index closed lower as continued fears over excessive valuations continue to weigh.
--Asian shares closed mostly higher, tracking overnight record gains on Wall Street. Japan's Nikkei finished 0.4% higher and South Korea's Kospi added 0.5%. In China, indexes reversed their early morning losses, with ChiNext closing 2.6% higher, followed by Shenzhen and Shanghai, which closed 1.5% and 0.7% higher, respectively. The Hang Seng index in Hong Kong is up 0.4%.
--European indexes were mostly higher, except London's FTSE 100, which was down 0.2% after a slew of earnings, and as many stocks traded without rights to the dividend. Germany's DAX was up 0.02%, France's CAC 40 rose 0.8% while the Stoxx 600 was up 0.3%. The FTSE 100 and Stoxx 600 both closed at record levels Wednesday.
--The dollar fell as traders turned cautious over the prospect of weak data following the reopening of the U.S. government. The House passed a spending packing to end the record-long government shutdown and Trump signed it into law Wednesday. This will allow for the resumption of official data, although the timing of releases is unclear. The DXY dollar index falls 0.2% to 99.323.
--U.S. Treasury yields rose in Asian trade on the end to the U.S. government shutdown. The two-year Treasury yield rose 2.1 basis points to 3.586%, the 10-year Treasury yield was up 1.7 basis points to 4.095% and the 30-year Treasury yield rose 1.6 basis points to 4.677%, according to Tradeweb.
--Sterling fell to a two-and-a-half-year low against the euro after data showed U.K. economic growth slowed more than expected in the third quarter. The economy grew 0.1% quarter-on-quarter compared to 0.3% in the second quarter. Economists in a WSJ survey expected a 0.2% expansion. The data could boost expectations for the Bank of England to cut interest rates in December and add pressure on U.K. treasury chief Rachel Reeves ahead of the Nov. 26 budget. The euro rose to a high of 0.8843 pounds after the data from 0.8827 beforehand. Against the dollar, sterling fell to an intraday low of $1.3097 from $1.3120 beforehand.
--In commodities, Brent crude fell 0.2% to $62.57 a barrel, and WTI crude fell 0.2% to $58.35 a barrel. The European benchmark price for natural gas, the Dutch futures contract TTF, was down 0.2% to 30.88 euros a megawatt hour.
Write to Barcelona Editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
November 13, 2025 04:23 ET (09:23 GMT)
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