Global equities rallied on Monday amid growing optimism that the US government shutdown-which had dragged on for a record 40 days-was nearing an end.
Reports indicated that a bipartisan deal had been reached in the Senate to fund federal operations through January, a prospect that eased concerns about the worlds largest economy and helped temper existing worries about extended valuations in the technology sector.
The breakthrough comes after weeks of intense wrangling over contentious issues, including health care subsidies and the firing of federal employees.
