Stocks Rise, Bonds Fall as US Shutdown Nears End: Markets Wrap

Stocks climbed and Treasuries dropped as hopes for a deal to end the longest US government shutdown lifted sentiment after a volatile week in which investors grappled with concerns over lofty AI valuations.

The MSCI Asia Pacific Index rose 0.9%, with gainers outnumbering decliners by more than two to one. Contracts for US and European stocks also jumped as the US Senate took a major step toward reopening the government after a group of moderate Democrats broke with their party leaders and voted to support a deal to end the record-breaking shutdown.

From gold to silver, copper and soybeans, commodities ...