US stocks were higher on Wednesday, with the S&P 500 and Nasdaq each up 0.2%, while the Dow Jones gained 250 points to notch a new record high.
Sentiment was buoyed by optimism that the government shutdown could soon end, as House members return to Washington to vote on a deal to restore funding to federal agencies after the shutdown that began on October 1st. Traders also focused on a fresh round of corporate updates, with shares of AMD surging more than 8% after the company forecast faster sales growth, lifting the broader tech sector.
Nvidia (+0.7%), Broadcom (+1%), and Qualcomm (+1.4%) also advanced. Financials posted solid gains as well, including JPMorgan (+1.5%) and Morgan Stanley (+1.9%).
Source : Trading Economics
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