World shares are mostly higher after Trump signs bill ending US
government shutdown
[November 13, 2025] By
TERESA CEROJANO
MANILA, Philippines (AP) — World shares mostly gained on Thursday after
U.S. stocks settled near their records and U.S. President Donald Trump
signed a government funding bill, ending the record 43-day shutdown.
The future for S&P 500 edged up 0.1% while that for the Dow Jones
Industrial Average rose 0.2% ahead of the reopening of the federal
government following the standoff that caused financial stress for
federal workers who went without paychecks, stranded scores of travelers
at airports and generated long lines at some food banks.
“The shutdown had blocked not just spending, but also delayed a raft of
federal economic data,” Stephen Innes of SPI Asset Management said in a
commentary, adding that “for markets, the only line that matters is
simple: the lights are coming back on.”
In early European trading, Germany's DAX slipped less than 0.1% to
24,374.90, while the CAC 40 in Paris rose 0.7% to 8,300.20. Britain's
FTSE 100 shed 0.3% to 9,881.42.
Asian shares were also mostly higher. Japan’s Nikkei 225 rose 0.4% to
51,281.83. But market heavyweight and tech giant SoftBank Group lost
another 3.4% on top of a 3.5% drop on Wednesday after the company said
it had sold all of its shares in computer chip maker Nvidia.
Hong Kong's Hang Seng index rose 0.6% to 27,073.03, while the Shanghai
Composite index jumped 0.7% to 4,029.50 as mainland stocks climbed ahead
of updates on lending in China.
Australia's S&P ASX 200 shed 0.5% to 8,753.40, falling for a third
straight session as hopes for near-term interest rate cuts were quashed
by strong jobs data that showed unemployment falling to 4.3% in October
from 4.5% in September.
South Korea's Kospi fluctuated between gains and losses, closing 0.5%
higher to 4,170.63.
Taiwan's Taiex index shed nearly 0.2% while India's BSE Sensex added
0.2%.
On Wednesday, the S&P 500 added 0.1% and the The Dow Jones Industrial
Average jumped 0.7%, setting a record for a second straight day, at
48,254.82. The Nasdaq composite slipped 0.3%.
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A board above the trading floor of the New York Stock Exchange
displays the closing number for the Dow Jones industrial average,
Wednesday, Nov. 12, 2025. (AP Photo/Richard Drew)
 Shares in airlines jumped on
expectations of a recovery in air travel following the end of the
shutdown.
Advanced Micro Devices led the market, gaining 9% after its CEO,
Lisa Su, said the chip company expects better than 35% of annual
compounded revenue growth over the next three to five years. She
credited “accelerating AI momentum.”
Stocks benefiting from the artificial-intelligence frenzy have been
shaky recently, as investors question whether how much more they can
add to already spectacular gains.
They are one of the top reasons the U.S. market has hit records
despite a slowing job market and high inflation. Their prices have
shot so high, though, that critics say they’re reminiscent of the
2000 dot-com bubble, which ultimately burst and dragged the S&P 500
down by nearly half.
Nvidia came into the day with a 4.6% drop for the month so far, for
example, after its stock price more than doubled in four of the last
five years. The biggest player in AI chips swung between gains and
losses throughout Wednesday. Palantir Technologies, another AI
darling, fell 3.6% for one of the day’s larger losses in the S&P
500.
Similar questions about prices are dogging much of the U.S. market,
though not as pointedly as for Big Tech and AI superstars.
In other dealings early Thursday, U.S. benchmark crude oil fell 18
cents to $58.31 per barrel. Brent crude, the international standard,
shed 16 cents to $62.55 per barrel.
The U.S. dollar fell to 154.55 Japanese yen from 154.70 yen. The
euro rose to $1.1630 from $1.1594.
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