U.S. stocks rose as the shutdown ended, with the S&P 500 index expected to see a holiday rebound

According to Jinshi News, in the 40 days since the U.S. government shut down on October 1, the S&P 500 index has risen by 0.6%. As the shutdown is about to end, the index saw a larger rebound on Monday. Historical data shows that the S&P 500 index has averaged a 2.3% increase in the month following the end of the previous 15 shutdowns. Strategists expect the stock market to gain further as federal workers return to their jobs and recommend that investors go long on AI-utilizing stocks while shorting non-AI-utilizing stocks.