US stocks today: Markets rise on hopes of US govt shutdown ending; Nasdaq jumps over 440 points, S&P 500 gains 1%

Global stock markets surged on Monday. Investors are optimistic as the US government shutdown nears resolution after a 40-day standoff. A bipartisan deal to fund government operations has been reached. This development brings much-needed clarity on US inflation and the labor market. Pfizer’s acquisition of Metsera also boosted sentiment. European and Asian markets mirrored the gains.