U.S. stock index futures advanced on Monday following signs of progress in Washington to end a record U.S. government shutdown that has stalled economic data releases and intensified concerns over the state of the economy.

In a procedural vote on Sunday, senators advanced a House-passed bill that will be amended to fund the government until January 30. If the Senate eventually passes the amended measure, it still must be approved by the House of Representatives and sent to President Donald Trump for his signature, a process that could take several days.

Market Snapshot

At 8:30 a.m. ET, Dow e-minis were up 182 points, or 0.39%, S&P 500 E-minis were up 59.5 points, or 0.88%, and Nasdaq 100 E-minis were up 350.75 points, or 1.39%.

Pre-Market Movers

Metsera dropped 15% to $70.75 after Pfizer agreed to buy the weight-loss drug start-up for up to $86.25 a share. The deal, which could be worth more than $10 billion, has Pfizer paying $65.60 a share in cash for Metsera and a contingent value right entitling holders to additional payments of up to $20.65 a share in cash. Metsera’s board said Pfizer’s revised bid for the company represents 「the best transaction for shareholders, both from the perspective of value and certainty of closing.」 Pfizer’s deal bested Danish drugmaker Novo Nordisk’s bid for Metsera, which has a pipeline of weight-loss medicines. Pfizer gained 0.6%, and Novo Nordisk’s American depositary receipts rose 1.4%.

Chip stocks rebounded in premarket trading. SOXL up nearly 8%; Navitas up over 6%; Micron, Credo, SMCI up over 4%; ARM Holdings, AMD, Marvell up over 3%.

Crypto shares gained in premarket trading. Canaan up 10%; Bakkt, Upexi, BitMine up about 7%; IREN, Bitfarms up over 6%; CleanSpark, Bit Digital up around 5%; Riot Platforms, SharpLink Gaming up over 4%.

Gold stocks shined in premarket trading as spot gold jumped over 2% to trade above $4,090 an ounce on Monday. Harmony Gold, Coeur Mining up over 6%; Gold Fields up over 5%; Anglogold up 4%; Barrick Mining, Newmont up around 3%.

Nvidia jumped 3.1%, lifted byoptimism over the government shutdown soon ending. Shares of the artificial-intelligence chip maker ended last week down 7%, the stock’s worst weekly performance since mid-April, according to Dow Jones Market Data. Nvidia, like other big tech stocks, has been struggling as investors worry about stretched valuations.

Another AI stock that had a tough week was Palantir Technologies, which dropped 11%. Palantir, which sells AI software to manage and analyze large amounts of data, rose 3.1% on Monday.

Shares of electric-vehicle maker Tesla gained 2.2%. The stock declined 3.7% on Friday, a day after shareholders approved apay package for CEO Elon Muskthat could be worth more than $1 trillion if performance incentives are met. Meanwhile, Siddhant Awasthi, Tesla’s head of the Cybertruck program, announced Sunday on LinkedIn that he was leaving the company after starting more than eight years as an intern.

Boeing gained 0.6%. The Federal Aviation Administration ordered all MD-11 planes temporarily grounded after a crash last week of a United Parcel Service cargo jet in Louisville, Ky., killed at least 14 people. UPS, up 0.2%, said was grounding its MD-11 fleet 「out of an abundance of caution and in the interest of safety.」 FedEx, up 0.3%, said it was doing the same. The MD-11 is a three-engine, twin-aisle jet built by McDonnell Douglas, which merged with Boeing in 1997. Production of the plane ceased in 2000.

Rumble rose 17%. Rumble reached an agreement to acquire German artificial-intelligence infrastructure company Northern Data in a deal valued at up to $970 million. Both companies are backed by Tether, the stablecoin issuer.

Treehouse Foods agreed to be taken private by Investindustrial, a European investment firm, in an all-cash transaction that values the food processing company at $2.9 billion. TreeHouse Foods jumped 20% to $22.85.

Monday.com declined 15% after the project management software company posted third-quarter earnings and revenue that beat Wall Street estimates but issued fourth-quarter revenue guidance that was below expectations.

Visa rose 0.2% and Mastercard added 0.2% after The Wall Street Journal, citing people familiar with the matter, reported the credit-card giants were nearing a settlement with merchants that would end a longtime legal dispute by lowering fees stores pay and giving them more power to reject certain credit cards. A deal could be announced soon, the people told the Journal, and to take effect would require court approval.

CoreWeave rose 4.4%. The artificial-intelligence cloud service provider, which mainly leases data centers filled with chips from Nvidia, is scheduled to report third-quarter earnings after the close of trading Monday. Analysts expect CoreWeave to post a loss of 40 cents a share on revenue of $1.26 billion.

Market News

Fed’s Daly Urges ‘Open Mind’ in Discussion of Further Rate Cuts

San Francisco Federal Reserve President Mary Daly said the US economy is probably suffering a downturn in demand while tariff-related inflation appears to be contained for now.

In a blog post published Monday, the policymaker who currently isn’t a voting member of the US central bank’s Federal Open Market Committee laid out her thinking on whether there’s a potential need for further interest-rate cuts beyond the 50 basis points in reductions already delivered this year.

Democrats Concede Shutdown Fight Without Health Care Win in Hand

Democrats entered the shutdown seeking to renew tax credits to stave off insurance premium price hikes and to show voters they have the stomach for hardball negotiations in President Donald Trump’s Washington.

As the record-long shutdown neared its end more than a month later, they failed to achieve either goal.

A group of eight Democrats on Sunday broke with the rest of their party — including Senate Minority Leader Chuck Schumer — to vote with Republicans to advance a bill to re-open the government on the impasse’s 40th day.