Stock Market Surges on Shutdown Hope, Tech Gains

On November tenth, U.S. stocks surged as optimism grew over a potential government spending agreement, ending the shutdown. Palantir Technologies and Micron Technology led gains, while Eli Lillys partnership with Insilico Medicine boosted its shares. However, Centene and other health insurers fell due to Trumps direct funding proposal. Metseras shares plummeted after Novo Nordisks acquisition bid fell through, allowing Pfizer to acquire the firm. Balls shares dropped following CEO Daniel Fishers departure. Oil futures dipped, while gold and Treasury yields rose. The U.S. dollar strengthened, and most cryptocurrencies traded positively.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.