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Washington Reopens. Wall Street Rallies.

Shutdown Deal Triggers Best Market Day Since May November 11, 2025
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Changes in the Market are on display Markets surge as Capitol reopens: A visual echo of policy and profit.

Good Morning,

Markets are hitting fresh highs after lawmakers moved to end the government shutdown, sparking the strongest rally since May. We unpack what got passed, why stocks jumped, and what to watch as delayed economic data and Treasury yields come back into focus. If you’ve got exposure to index funds or growth names, this one matters.

Trump’s proposed $2,000 “tariff dividend” sparks deficit concerns alongside his push for 50-year mortgages to expand housing access, while Democratic infighting intensifies as party members call for Schumer’s resignation over the shutdown deal.

Don't forget to voice your opinion below in my polls.

Here are your Morning Bullets.

– Truly yours, Fred Frost


📉 Yesterday's Market Recap

Markets took a breather yesterday, with major indices slipping on mixed earnings reports and lingering uncertainty over policy shifts. Tech and consumer stocks dragged the averages down, while investors eyed upcoming economic data for clarity.


  • Tech Sector Stumbles: Big names like AST SpaceMobile missed EPS and revenue targets, fueling broader sector concerns. → Seeking Alpha

  • Wendy's Shares Drop: Stock fell 7% after announcing hundreds of U.S. store closures to stem profit losses. → ABC News

  • CoreWeave Beats Revenue: Data center firm reported a 132.9% revenue jump to $1.36B, despite per-share losses. → Seeking Alpha


📈 Daily Performance Snapshot

Index/Asset Closing Value Change
S&P 500 6,832.43 +1.54%
Nasdaq 23,527.17 +2.27%
Dow Jones 47,368.63 +0.81%
Gold $4147.40 +0.62%
Crude Oil $60.32 +0.32%
Bitcoin $105,144 -1.07%
10-yr Treasury Yield 4.110% +0.42%

🔭 What to Watch Today

Today’s calendar brings earnings and policy moves that could sway markets as investors gauge recovery from the shutdown and tariff uncertainty.

  • AngloGold Ashanti Q3 Earnings (Pre-Market): Expected EPS of $1.32, up from $0.56 last year, though revenue may dip to $2.53B. → Benzinga
  • Nebius Q3 Report (Pre-Market): After a 300% stock rally, analysts predict a $0.52 loss per share on $155.73M revenue. → Stocktwits
  • House Vote on Shutdown Deal: A critical vote looms to finalize funding through January, impacting federal workers and markets. → Daily Signal

  • 💡 Opportunity Watch

    Amid policy shifts and corporate pivots, a few sectors and stocks stand out for potential upside if you can stomach the volatility.

    • Crypto Innovation (VanEck Focus): Active management in crypto could capitalize on volatility if fundamentals align with on-chain data. → Seeking Alpha
    • Travel Sector (Klook IPO): Asian travel platform Klook’s NYSE listing taps into a $11.7T global tourism boom for 2025. → Fortune

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    🔥 The Big Bullet

    Shutdown Deal Sparks Major Stock Rally

    What happened: After weeks of limited activity, members of the House of Representatives returned to Washington to finalize a deal that effectively ends the federal government shutdown. Almost immediately, markets responded positively. As lawmakers moved closer to resolution, stock prices surged sharply into the close of trading. By the end of the day, the S&P 500 and Nasdaq each posted their best gains since May. The Dow Jones also ended firmly in the green. This marked a clear break from the cautious, low-volume trading seen during the shutdown period. Financial news outlets noted that investor optimism was rising across multiple sectors. Trading volume also picked up as buyers returned to the market.


    Why it matters: Government shutdowns cause uncertainty for businesses, federal contractors, and everyday investors. A shutdown can slow down permits, approvals, and even impact economic data reporting. With the shutdown now easing, confidence in policy stability has improved. This has opened the door for risk-on behavior among traders and money managers. Major indexes closed higher as institutional investors moved money into equities. It also reduces pressure on agencies like the Federal Reserve, which rely on consistent data to guide interest rate policy. A shutdown-free environment helps businesses plan more clearly for the coming months. It also signals that lawmakers can still reach agreements under pressure.

    What’s next: Markets will now turn their attention to key economic reports delayed by the shutdown. This includes labor data, inflation readings, and federal budget figures. These reports will help shape the outlook for the Federal Reserve’s next moves. If economic indicators show steady progress, rate cuts could be back on the table in 2026. Additionally, investors will be watching for any signs of political backtracking or new budget disputes. With trust in Washington still fragile, even small disagreements could rattle markets. Mid-term policy goals, especially around spending and taxation, could now regain momentum. Stability may invite more capital inflows as year-end portfolio moves ramp up.


    Reader Feedback

    Yesterday I asked you: Pfizer just bought a weight-loss drug company for billions. What do you think this move is really about? The majority of you at 57% said "Making big money on trendy drugs."

    Rebecca from South Carolina replied: "It's always about the money and never about what's best for the consumer."

    As always if your opinion is not here, or you want to throw your two cents at me, reply to the E-mail, and let me know your exact thoughts.


    🧭 Policy & Market Ripples

    • Trump’s Tariff Dividends Plan: Proposal for $2,000 annual payments from tariff revenue could balloon deficits by $6 trillion over a decade. → Fortune
    • 50-Year Mortgage Push: Trump administration explores longer mortgages to boost housing access, but experts warn of doubled interest costs. → Fox Business
    • Schumer Leadership Under Fire: Democrats demand resignation over shutdown deal, citing failure to protect healthcare subsidies. → Daily Signal

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    📜 This Day in History – November 11

    November 11 is a date that prizes invention and vision — from the dawn of wireless communication to cultural frameworks that redefined art, architecture, and cooperation in the modern age.

    Nikola Tesla’s radio transmission equipment

    1901 – Nikola Tesla filed his patent for a system of transmitting electrical energy wirelessly, laying conceptual groundwork for both radio and the wireless world to come.

    1915 – Albert Einstein presented the core equations of General Relativity, redefining space, time, and gravity — and eventually the economics of GPS, energy, and exploration.

    1946 – UNESCO held its first conference in Paris, formalizing a global institution for education, culture, and scientific exchange.

    1959 – The Solomon R. Guggenheim Museum, designed by Frank Lloyd Wright, opened in New York City — a sculptural statement that turned architecture into both gallery and exhibit.

    Last week, 80% of you chose the right answer to the trivia question: How quickly an asset can be converted into cash without losing value


    If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.
    – Edmund Burke
    Thanks for Reading.

    Stay Sharp. Stay Focused.
    Fredrick Frost
    Editor, MorningBullets

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