The Dow Jones Industrial Average notched its first record close above 48,000 on Wednesday, extending its gains from the previous session, as Wall Street looked ahead to a potential end to the record-breaking U.S. government shutdown.
The 30-stock Dow closed up 326.86 points, or 0.68%, at 48,254.82. The index also hit a fresh all-time intraday high in the session. The S&P 500 traded around the flatline, settling up 0.06% at 6,850.92, while the Nasdaq Composite dropped 0.26% to finish at 23,406.46.
Investors were keeping an eye on Washington, as the federal government appeared poised to reopen as soon as the end of this week. The Senate on Monday evening passed a spending bill that has since moved to the House of Representatives for a final vote. House Majority Leader Steve Scalise, R-La., told CNBC Wednesday that he expects the chamber to vote on the bill around 7 p.m. ET.
Source: https://www.cnbc.com/2025/11/11/stock-market-today-live-updates.html