Markets Boosted By Hopes For Deal To End US Shutdown [Barron's]
NATL AUSTRALIA BK S/ADR (NABZY)
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Source: Barrons
The prospect of a resumption of operations in the world's biggest economy helped temper lingering worries about extended tech valuations amid talk of an AI bubble following this year's eye-watering rally. Advertisement - Scroll to Continue Investors have been growing increasingly concerned about the financial impact of the shutdown, which saw several government services halted, including air travel heading into the Thanksgiving holiday. A University of Michigan survey last week showed a decline in consumer sentiment in November compared with October. But CNN and Fox News reported on Sunday that senators had reached a bipartisan stopgap deal to fund operations through January after wrangling over health care subsidies, food benefits and Donald Trump's firings of federal employees. The US president told reporters that "it looks like we're getting close to the shutdown ending". Advertisement - Scroll to Continue A procedural vote is due to take place later Sunday. Lawmak
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