The Dow Jones surged over 400 points to a new record high, buoyed by optimism that the government shutdown could soon come to an end. Lawmakers returned to Washington to vote on a deal aimed at restoring funding to federal agencies after the shutdown that began on October 1. The index outperformed as major financial stocks, including Goldman Sachs, JPMorgan, and American Express, also hit fresh record highs. Meanwhile, the S&P 500 and the Nasdaq dipped slightly, as gains in semiconductors and financial stocks were offset by declines in tech shares. AMD soared more than 8% after projecting faster-than-expected sales growth, lifting the broader semiconductor sector, including Broadcom (+1%) and Qualcomm (+1.4%).
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