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Tuesday, November 11, 2025
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World shares mixed as US Senate votes to end government shutdown

publish time

11/11/2025

publish time

11/11/2025

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A television screen is displayed in the window of the Nasdaq MarketSite, in New York's Times Square on Nov 7. (AP)

BANGKOK, Nov 11, (AP): Shares advanced in Europe on Tuesday after a retreat in Asia, as investors took the latest step toward ending the US government shutdown in stride. Markets showed little reaction after the Senate passed legislation to reopen the government. The future for the S&P 500 lost 0.2% while that for the Dow Jones Industrial Average edged 0.1% lower.

In Germany, the DAX rose 0.2% to 24,015.97, while the CAC 40 in Paris gained 0.7% to 8,109.23. Britain's FTSE 100 jumped 1% to 9,887.95. Shares have been bouncing on criticism that tech share prices have shot too high due to the mania for artificial intelligence, which some have likened to the 2000 dot-com bubble that ultimately burst.

Investors are also betting on the potential for an end to the shutdown and for the US Federal Reserve to cut interest rates. "Sentiment is everything,” Ipek Ozkardeskaya of Swissquote said in a commentary. "It’s how investors perceive the news: if they’re in a good mood, they interpret it positively; if they’re in a bad mood, they see it negatively.

One picture, one word, one data point is enough to twist and turn market mood.” In Tokyo, the Nikkei 225 lost 0.1% to 50,842.93. Shares in technology giant SoftBank Group Corp. fell 2%. The company announced after trading closed that it had sold all its stake in artificial intelligence chip maker Nvidia last month for $5.83 billion.

The US dollar climbed to 154.37 against the Japanese yen, up from 154.14 yen and near its highest level since February. Expectations that the government will push back its schedule for trimming Japan's huge national debt, boosting spending, have helped to weaken the yen. The euro fell to $1.1557 from $1.1558. Chinese shares ended mixed.

Hong Kong's benchmark Hang Seng index rallied late in the day to gain 0.2%, closing at 26,696.41 and the Shanghai Composite index shed 0.4% to 4,002.76. South Korea’s Kospi, recovering from last week's sell-off, closed 0.8% higher at 4,106.39. Australia’s S&P/ASX 200 dropped 0.2% to 8,818.80. Taiwan’s Taiex fell 0.3%, while the Sensex in India climbed 0.4%.