Global Markets Rally on AI, Shutdown News

The Asia-Pacific markets traded mixed on Tuesday, reversing earlier gains despite Wall Street's rise on renewed AI optimism and hopes of an end to the US government shutdown. Japan's Nikkei 225 index fell 0.14%, while South Korea's Kospi index climbed 0.81%. Chinese electric vehicle maker Xpeng's shares skyrocketed 17.93% after it launched robotaxis and humanoid robots with self-developed AI chips. US equity futures were little changed in early Asian hours.

The article discusses the recent performance of AI-related stocks, which saw a surge on Monday despite an eight-day losing streak. Major U.S. indexes rose, with the Nasdaq Composite jumping 2.27%. The U.S. Senate passed a deal to fund the government, potentially ending a shutdown. Companies like Nvidia, Broadcom, and Microsoft saw gains, while CoreWeave reported a 134% year-on-year revenue increase but also a net loss. The article also touches on other market news, including Sony's raised profit forecast and share buyback, and Fed Governor Stephen Miran's call for a half-point rate cut.

European stocks rose on November 11, 2025, as the U.S. Senate passed a bill to end the government shutdown, boosting investor optimism. The Stoxx 600 index was up 0.5%, with major bourses such as the FTSE, DAX, and CAC 40 also in positive territory. The bill's passage in the Senate and potential approval in the House and by President Donald Trump contributed to the positive momentum. U.S. stock futures were steady, while Asia-Pacific markets traded mixed. Several major European companies, including Softbank and Vodafone, were set to release earnings reports on Tuesday.

The stock market saw a significant rally on Monday as hopes of a nearing end to the record-setting U.S. government shutdown boosted investor sentiment. Major U.S. indexes rose across the board, with the Nasdaq Composite gaining 2.3%, its best day since May 27. The Senate was expected to vote on a compromise federal funding deal that would reopen the government into January. Investors bought into risk-on names, particularly in the artificial intelligence sector, after last week's sell-off. Nvidia jumped 5.8%, contributing significantly to the S&P 500's upside. Stock futures were near the flatline on Monday night, with Dow Jones Industrial Average futures rising 23 points, or 0.03%. In after-hours trading, Paramount Skydance shares rose over 5% after announcing plans to slash $1 billion in savings, while Rocket Lab's shares jumped 7% following a better-than-expected quarterly earnings report. Conversely, CoreWeave's shares fell as much as 7% due to data center supply issues.