Tech Stocks Surge, Palantir Soars 6% as Shutdown Resolution Approaches: Market Movers for Monday

Market Recovery: Wall Street saw a rebound on Monday, with the Nasdaq 100 rising nearly 1.5% and Palantir Technologies gaining 6.2%, as investors grew optimistic about a potential end to the government shutdown following Senate progress on a reopening bill.

Commodities and Cryptocurrencies: Gold and silver prices increased due to safe-haven demand amid rising government debt, while Bitcoin edged up 0.3% to reclaim the $105,000 mark, contrasting with a 1.5% drop in Ethereum.

Major Indices Performance: The S&P 500 gained 0.8%, the Russell 2000 rose 0.7%, and the Dow Jones Industrial Average added 0.1%, reflecting a positive day for major U.S. indices.

Earnings Movers: Notable stock movements included TreeHouse Foods surging 23.3% and Organon & Co. rising 11.9%, while Centene Corporation fell 8.4%, indicating varied performance among companies reporting earnings.