Stocks Close Mostly Up Amid Optimism for Government Reopening

US Stock Market Performance: The S&P 500 and Dow Jones closed higher, driven by optimism over a potential end to the government shutdown, while the Nasdaq 100 faced pressure from declines in AI and semiconductor stocks.

Labor Market Concerns: A report from ADP indicated a decline in private sector jobs, and the NFIB small business optimism index fell to a six-month low, suggesting a weakening labor market.

Corporate Earnings Update: Q3 earnings season showed strong results, with 82% of S&P 500 companies exceeding forecasts, leading to a 14.6% increase in earnings, significantly above expectations.

Interest Rates and Economic Outlook: The markets are anticipating a 67% chance of a rate cut at the upcoming FOMC meeting, while European bond yields fell amid mixed economic indicators, including a decline in German economic growth expectations.