The US Senate’s vote to end the government shutdown provides respite for investors concerned about AI valuations and the US economic downturn.
Published November 10, 2025
Stock prices from the U.S. to Japan are soaring on hopes that the end of the longest U.S. government shutdown in history is near.
U.S. lawmakers on Sunday moved to end a five-week impasse over government funding, a boost for investors spooked by signs of a deepening U.S. economic downturn and sky-high valuations for artificial intelligence companies.
Recommended stories
list of 4 itemsend of list
The U.S. Senate voted 60-40 to pass a bill to fund government operations through the end of January after a group of centrist Democrats broke with the party’s leadership and joined the Republican Party.
The funding package will need to win final approval in the Senate and then pass the U.S. House of Representatives before going to U.S. President Donald Trump for his signature, a process expected to take several days.
Asia-Pacific stock markets rose strongly on Monday, with US futures also rising ahead of the reopening of stock exchanges.
South Korean benchmark KOSPI led the rise, rising about 3% as of 4pm local time (7am Japan time).
Japan’s Nikkei 225 and Hong Kong’s Hang Seng also rose significantly, rising about 1.3% and 1.5%, respectively.
Taiwan’s Tyex rose about 0.8%, and Australia’s ASX200 rose about 0.75%.
Futures for the U.S. benchmark S&P 500 and tech-heavy Nasdaq 100, which trade outside normal market hours, rose about 0.75% and 1.3%, respectively.
The reprieve comes as investors worry that AI stocks may be significantly overvalued and that President Trump’s sweeping tariffs may be hurting the U.S. economy more than major data indicate.
Nvidia, whose graphics processing units are essential to the development of AI, became the first company in history to reach a market value of $5 trillion last month, a day after tech giant Apple surpassed $4 trillion.
Although the Bureau of Labor Statistics’ official employment reporting has been suspended since August due to the government shutdown, several other analyzes point to an increase in layoffs in October.
Executive outplacement firm Challenger, Gray & Christmas said in a report last week that layoffs jumped 183% last month, making it the worst October payroll since 2003.
A separate analysis by workforce analytics firm Rebellio Labs estimated that the economy shed 9,100 jobs in the same month.
