Here's your closing bell brief for Monday, November 10th. I'm Anthony Bansy for the Wall Street Journal.

Markets rallied broadly as the record-long government shutdown appeared to be ending. All three

indexes made gains elevated by a rebound in technology stocks. The S&P 500 was up 1.5%. The Dow Jones Industrial

average was up 8 tenths of a point, and the NASDAQ surged almost 2.3%, marking its strongest

one-day rally since May. Gains were seen in chipmakers and magnificent seven companies. Elsewhere,

gold futures and treasury yields climbed.

Among individual companies, MedSara stocks slid nearly 15% after Pfizer agreed to acquire the

weight loss startup in a deal that could be valued at more than $10 billion. Rumpo shares surged

more than 11% as the video sharing platform announced it was acquiring an artificial intelligence infrastructure company and posted a slimmer quarterly loss.

Shares in UPS fell 3% and FedEx stock fell 3.1% after transportation authorities ordered MD11 planes temporarily grounded after a fatal crash in Kentucky last week.

And Tyson Foods was up more than 2% after predicting sales would rise this fiscal year.

Meanwhile, the U.S. is probing whether companies such as Tyson are colluding to drive up beef prices.

Heads up, an artificial intelligence tool helped us make this episode by creating

summaries that were based on WSJ reporting and then reviewed and adapted by an editor.

We'll have more coverage of the day's news on WSJ's What's News podcast. You can add it to your

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