Equity Alert
US indices end higher Tue on hopes of end to US govt shutdown
This story was originally published at 08:05 IST on 12 November 2025
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Equity Alert: US indices end higher Tue on hopes of end to US govt shutdown
MUMBAI--0738 IST--Most indices in the US ended higher Tuesday as investors looked forward to an end to the prolonged government shutdown. The Dow Jones Industrial Average rallied to a fresh closing record Tuesday, while the NASDAQ Composite ended in the red as investors booked profits from technology stocks.
The US Senate passed a deal on Monday to restore federal funding after a record-long shutdown that has disrupted food benefits for millions, left hundreds of thousands of federal workers unpaid, led to air traffic snarls, and delayed the release of government economic data, Reuters reported.
A new report from ADP revealed that for the four weeks ended Oct. 25, private sector job creation was down more than 11,000 on average per week. The data was in contrast to the gains the firm reported last week and signalled some weakness in the labor market, according to a report by CNBC.
The S&P 500 index ended 0.2% higher and the Dow Jones Industrial Average rose over 1%. The NASDAQ Composite was among the few major indices in the US that closed in red, down 0.3%.
Following are the closing levels of US indices overnight:
|
INDEX |
LAST LEVEL |
CHANGE IN % |
|
Dow Jones Industrial Average |
47368.63 | 1.18 |
|
Nasdaq Composite |
23527.17 | (-)0.25 |
|
S&P 500 |
6832.43 | 0.21 |
(P. Madhu Kumar)
End
US$1 = INR 88.56
Edited by Tanima Banerjee
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