Stocks Bounce Back Amid Optimism for Government Reopening

US Stock Market Performance: The S&P 500 and Dow Jones closed slightly up, while the Nasdaq 100 fell, as stocks rebounded from early losses amid ongoing government shutdown negotiations. Economic concerns, including a drop in consumer sentiment and job cuts, weighed on market sentiment.

Federal Reserve Comments: Fed Vice Chair Philip Jefferson's hawkish remarks on interest rates contributed to market pressure, indicating a cautious approach to rate cuts as the economy faces restrictive conditions.

Corporate Earnings: Q3 earnings season showed strong results, with 81% of S&P 500 companies beating forecasts, although profit growth is expected to be the smallest in two years. Notable gainers included Globus Medical and Expedia Group, while semiconductor stocks faced declines.

Global Economic Indicators: Weaker-than-expected trade data from China and mixed inflation expectations in the US added to concerns about global growth, while European bond yields rose amid better-than-expected German trade news.