U.S. stocks closed mixed on Tuesday as the record-long government shutdown, lasting over 40 days, approached its end. Congress passed a temporary budget bill, which the White House is expected to sign within hours, allowing federal agencies to resume operations. President Trump hailed it as a "major victory" for Republicans, though some Democratic senators who supported the compromise faced backlash from their party for concessions made.

**Market Performance** - The Dow Jones rose 559.33 points (1.18%) to 47,927.96. - The Nasdaq fell 58.87 points (0.25%) to 23,468.30. - The S&P 500 gained 14.18 points (0.21%) to 6,846.61.

**Notable Stock Moves** - Nvidia (NVDA.US) dropped 2.96%, while Coreweave (CRWV.US) plunged 16%. - Coinbase (COIN.US) and Micron (MU.US) fell over 4%. - Apple (AAPL.US) rose 2%. - The Nasdaq Golden Dragon China Index edged lower, with XPeng (XPEV.US) surging 7% and Alibaba (BABA.US) down 3%.

**European Markets** Major indices climbed: - Germany’s DAX 30 rose 0.52% to 24,099.75. - The UK’s FTSE 100 gained 1.15% to 9,900.05. - France’s CAC 40 advanced 1.25% to 8,156.23.

**Commodities & Forex** - Crude oil prices rose: WTI gained 1.51% to $61.04/barrel; Brent rose 1.72% to $65.16. - Bitcoin fell nearly 3% to $102,833; Ethereum dropped over 4% to $3,419.31. - The dollar index dipped 0.15% to 99.443.

**Key Developments** 1. **50-Year Mortgages**: UBS warned that while extending U.S. mortgage terms to 50 years could lower monthly payments, total interest costs might double. 2. **Mexico’s Sugar Tariffs**: Mexico imposed tariffs up to 210% on sugar imports to shield domestic producers from price declines. 3. **Economic Data Gaps**: White House officials cautioned that some October economic data may never be recovered due to the shutdown. 4. **Small Business Sentiment**: The NFIB index fell to a six-month low of 98.2, reflecting weaker profits and economic optimism. 5. **CFPB Funding Crisis**: The Trump administration ruled the Consumer Financial Protection Bureau’s funding mechanism illegal, risking its closure by early 2026.

**Corporate Highlights** - AMD (AMD.US) CEO Lisa Su projected the data center market to hit $1 trillion by 2030, driven by AI demand. - Alphabet’s Google (GOOG.US) pledged €5.5 billion ($6.4B) for German data centers. - Analysts noted Elon Musk’s $1 trillion Tesla (TSLA.US) compensation plan aligns his incentives with shareholder value, requiring steep growth targets for payouts.