Tech Stocks Surge as US Government Shutdown Fears Ease

A wave of optimism swept through technology markets on Monday, propelling the Nasdaq 100 index to a robust gain exceeding 2%. The catalyst for this upward move appears to be growing confidence among investors that a resolution to the impending US government shutdown is within reach. This renewed risk appetite fueled a particularly strong recovery in artificial intelligence equities, leaving market participants to ponder whether this marks a temporary rebound or the beginning of a more sustained upward trend.

The bullish sentiment was not confined to the regular trading session. Earlier indications emerged during pre-market activity, where futures had already pointed to a substantial 1.5% advance. This optimistic forecast was fully realized at the Read more...