Wall Street made a strong comeback on Monday after a tough week, as investors felt more confident that the U.S. government shutdown might soon be over. Positive signals from lawmakers in Washington gave the market a boost, helping riskier assets recover.

Over the weekend, the Senate took a key step toward ending the government shutdown. A procedural vote passed with support from both parties, showing progress in negotiations. With this momentum, betting markets now expect the shutdown to end by midweek—possibly by Wednesday or Thursday.

Tech stocks, which had taken a hit last week due to concerns about a possible AI bubble, bounced back in a big way. The Nasdaq 100 index jumped nearly 1.5%, its best performance in two weeks. Palantir Technologies (PLTR), which had dropped more than 11% the previous week, surged 6.2%—its biggest one-day gain since July.

Other major indexes also saw gains. The S&P 500 rose 0.8%, the Russell 2000 increased by 0.7%, and the Dow Jones Industrial Average posted a small gain of 0.1%.

Gold and silver prices climbed higher as investors looked for safe-haven assets amid rising U.S. debt concerns. This helped push mining stocks higher, with the VanEck Gold Miners ETF (GDX) jumping over 4%.

Cryptocurrencies showed mixed results. Bitcoin (BTC) edged up 0.3% to reclaim the $105,000 level, while Ethereum (ETH) dropped 1.5% to $3,520.

Here’s how major ETFs performed on Monday:

– Vanguard S&P 500 ETF (VOO) rose 0.7% to $621.23
– SPDR Dow Jones Industrial Average ETF (DIA) was flat at $470.09
– Invesco QQQ Trust (QQQ), focused on tech stocks, climbed 1.3% to $617.25
– iShares Russell 2000 ETF (IWM) added 0.7% to $243.20
– Technology Select Sector SPDR Fund (XLK) outperformed with a 1.4% increase
– Consumer Staples Select Sector SPDR Fund (XLP) lagged behind, dropping 0.9%

Top Performers in the S&P 500 on Monday included:

– TreeHouse Foods (THS): up 23.3%
– Organon & Co (OGN): up 11.9%
– Howard Hughes Holdings (HHH): up 10.3%
– Albemarle Corp (ALB): up 6.9%
– Micron Technology (MU): up 6.88%

Some of the day’s biggest laggards were:

– Centene Corp (CNC): down 8.07%
– HCA Healthcare (HCA): down 4.91%
– Ball Corp (BALL): down 4.88%
– Elevance Health (ELV): down 4.15%
– Plug Power Inc (PLUG): down 4.15%

Several companies are set to report earnings after market close, including:

– Interpublic Group of Companies (IPG)
– Dillard’s Inc (DDS)
– Freedom Holding Corp (FRHC)
– Tidewater Inc (TDW)
– Plug Power Inc (PLUG)
– Celldex Therapeutics Inc (CLDX)

Bitcoin and Ethereum remain key watchpoints for crypto traders, while gold and mining stocks continue to attract attention as debt levels rise and uncertainty lingers in Washington.

Overall, optimism around a resolution to the government shutdown gave markets a much-needed lift, especially in tech and precious metals sectors. Investors are now watching closely for earnings updates and further political developments that could shape market direction this week.