U.S. stock futures were positive on Sunday evening as a bill that will end the longest-ever government shutdown advanced in the Senate.<\/p>\n
A short-term spending bill cleared a procedural hurdle after seven Democratic senators and one independent voted with Republicans.<\/p>\n
The breakthrough came as SNAP<\/a> payments have been on hold after a brief respite, while Transportation Secretary Scott Duffy has issued dire warnings about air travel<\/a> ahead of Thanksgiving with thousands of flights canceled this weekend.<\/p>\n Futures tied to the\u00a0Dow\u00a0Jones industrial average climbed 66 points, or 0.14%. S&P 500 futures were up 0.68%, and\u00a0Nasdaq\u00a0futures jumped 1.19%.<\/p>\n The yield on the 10-year Treasury rose 4.1 basis points to 4.134%. The U.S. dollar was up 0.09% against the euro and up 0.32% against the yen.\u00a0<\/p>\n Gold rose 1.16% to $4,056.50 per ounce. U.S. oil futures climbed 0.74% to at $60.19 a barrel, and Brent crude rallied 0.64% to $64.04.\u00a0<\/p>\n The bill would extend current funding through Jan. 31 and pay for SNAP and Veterans Affairs for the rest of the fiscal year, which ends next September.<\/p>\n Democrats would not get an extension for Affordable Care Act subsidies, which expire at the end of the year and was their core demand during the shutdown.<\/p>\n Instead, they will get a promise that the Senate will vote on extending the subsidies by December, terms that Democrats rejected over a month earlier.<\/p>\n Because there\u2019s no guarantee that ACA subsidies will continue, most Senate Democrats voted against the spending bill. But ABC News said they will make subsidies an issue in next year\u2019s midterm elections.<\/p>\n Several House Democrats said they won\u2019t vote for the bill because it doesn\u2019t extend the subsidies. <\/p>\n \u201cThat\u2019s not a deal,\u201d Rep. Richie Torres said on X<\/a>. \u201cIt\u2019s an unconditional surrender that abandons the 24 million Americans whose health care premiums are about to double.\u201d<\/p>\n Rep. Greg Casar called it<\/a> a \u201cbetrayal of millions of Americans counting on Democrats to fight for them. Republicans want health care cuts.\u201d <\/p>\n \u201cAccepting nothing but a pinky promise from Republicans isn\u2019t a compromise \u2014 it\u2019s capitulation,\u201d he added.<\/p>\n Letting the subsidies expire also presents political risks for Republicans<\/a> as open enrollment season has already shown how high insurance premiums will jump without them.<\/p>\n