Wall Street closed higher on Monday, fueled by tech and financial stocks with optimism about the end of the government shutdown. The Dow Jones rose 1.1%, Nasdaq added 1.4%, and S&P 500 gained 1.1%. Apple’s stock hit an all-time high, boosting market sentiment. Investors brushed aside bank credit concerns, focusing on potential shutdown resolution for market gains.

Investors showed confidence in the market with Apple’s stock hitting an all-time high, increasing optimism about consumer demand and corporate earnings. Shares of Netflix and Meta Platforms also saw gains. Tech sector optimism eased concerns about slowing growth. The fear gauge VIX decreased, and trading volume was lower than the average.

Market optimism prevailed as investors overlooked regional bank credit worries, viewing them as isolated. Reports reassured that most mid-sized lenders were liquid, easing fears of financial instability. Optimism also grew about the potential end of the government shutdown, with improved bipartisan negotiations. Major indexes advanced as investor confidence in financial stability and economic momentum increased.

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Read more at Nasdaq: Stock Market News for Oct 21, 2025