Contracts for the S&P 500 and the Nasdaq 100 rose 0.4% and those for the Nasdaq 100 index advanced 0.6% as Senate Republican leader John Thune said a deal is “coming together” as he planned a test vote Sunday on a narrow spending package that would end the 40-day government shutdown. A group of Senate Democrats is leaning toward voting to advance the package, provided final details can be worked out.
Asian shares rose with gains in South Korea leading. As sentiment improved, bonds fell across the curve, with the yield on 10-year Treasuries rising more than two basis points to 4.12%. The yen, a traditional safe-haven currency, fell 0.2% against the dollar.
While hopes for a deal may provide some relief, markets remained on edge after last week’s sharp selloff in technology shares reignited concerns…
