US stock market increased strongly in the session of November 10

The US stock market rose sharply on November 10. The increase was fueled by expectations that the US government would soon reopen after lawmakers reached an agreement to end the prolonged government shutdown.

Trading activities on the New York Stock Exchange, USA. Photo: THX/TTXVN

The prospect of the US government reopening soon has reassured investors amid concerns about high tech stock prices and the risk of an artificial intelligence (AI) bubble.

In New York, the Nasdaq index rose 2.3% to close at 23,527.17 points. The S&P 500 rose 1.5% to 6,832.43 points, while the Dow Jones rose 0.8% to end the session at 47,368.63 points.

Investors believe the government could reopen in the next few days, which is a good sign for consumers, investors and the tourism sector, according to Cresset Capital expert Jack Ablin.

Analysts say the government shutdown could provide more data on inflation and the labor market, key factors influencing the US Federal Reserve's decision to cut interest rates next month.

Trade Nation senior analyst David Morrison said that if all goes well, some federal agencies could open as early as November 14. He noted that since early October 2025, neither the Fed nor investors have had much economic data, making it difficult to assess the market.

The government shutdown, now in its 41st day, has investors focused on the possibility of a quick resumption of operations, as well as concerns about disruptions to food assistance for low-income households and the potential for airline disruptions as the Thanksgiving holiday approaches.

XTB’s head of research, Kathleen Brooks, said the return of risk sentiment has made last week’s sell-off seem less significant. She said that unless expectations for a Fed rate cut change significantly and chipmaker Nvidia doesn’t report weak earnings next week, stocks could still rally through the end of the year.

In Vietnam, at the end of the session on November 10, the VN-Index decreased by 18.56 points, or 1.16%, to 1,580.54 points, while the HNX-Index decreased by 1.93 points, or 0.74%, to 258.18 points.

Source: https://baotintuc.vn/thi-truong-tien-te/thi-truong-chung-khoan-my-tang-diem-manh-trong-phien-1011-20251111075925805.htm