Wall Street rebounded on Monday, recovering part of last week's steep losses as investors grew more confident about risk assets amid encouraging signs from Washington that the record-long government shutdown may soon conclude.

• PLTR is charging ahead with explosive momentum. Check the full analysis here.

During a procedural vote on Sunday, the Senate approved the initial step toward reopening the government, reaching the 60-vote threshold required to advance the bill. Eight Democratic senators sided with Republicans, easing their earlier insistence on including a guaranteed extension of Affordable Care Act subsidies.

Betting markets now suggest the shutdown could end as early as midweek, with odds favoring a resolution by Wednesday or Thursday.

Technology stocks, hit hard last week by renewed fears of an AI bubble, staged a strong comeback. The Nasdaq 100 climbed nearly 1.5%, marking its best day in two weeks.

Palantir Technologies Inc. (NYSE:PLTR), which sank more than ...