Asian stocks rise as US government shutdown nears resolution
Asian stocks and US futures got a boost on Monday, with investors feeling optimistic that the long-running US government shutdown might finally end.
The MSCI Asia-Pacific index was up 0.5%, and Japan's Nikkei rose 0.6%.
Why the end of the shutdown matters for markets
When the US government shuts down, official economic updates—like jobs and inflation data—go missing, leaving everyone guessing about what's really happening in the economy.
If the shutdown wraps up soon, it could bring back some much-needed clarity for global markets.
Things to watch out for
The rally comes after progress in Senate talks to resolve the shutdown, though things are still uncertain in the House of Representatives.
Even if a deal is reached, some damage—like delayed official economic data and over 150,000 job cuts last month—won't be fixed overnight.
Plus, mixed signals from private data are keeping investors on their toes.