The China stock market bounced higher on Monday, with the Shanghai Composite Index finishing just below 4,020 points. The positive global forecast for Asian markets is driven by optimism surrounding the end of the U.S. government shutdown. The SCI saw gains from financial, property, and resource companies, ending the day up 0.53 percent. In the U.S., Wall Street soared as the Senate voted to advance legislation to end the shutdown, with the Dow rising 0.81 percent. The potential end of the shutdown also led to a surge in crude oil prices, with West Texas Intermediate crude reaching $60.06 per barrel.
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