As traders operate on the floor of the NYSE American in New York City, attention shifts toward the tech sector’s recent fluctuations and a wave of long-awaited economic data. With the U.S. government poised to reopen next week, today’s House vote to sustain funding through January is expected to pass without issues. Stock trading on Veterans Day remained muted, despite a slight uptick for the S&P 500 and the Dow Jones Industrial Average hitting a record high. Notably, the tech sector lagged, with the Nasdaq ending down largely due to CoreWeave’s 16% drop following issues in data centers, and SoftBank’s sale of its Nvidia stake causing a dip of over 2% in the tech giant. In Japan, the yen fell to a nine-month low as calls from new Prime Minister Sanae Takaichi to the Bank of Japan to refrain from aggressive interest rate hikes added to market unease. Currency traders are closely monitoring the yen, which is nearing the 160 mark, although intervention fears appear muted for now. Meanwhile, both Asian and European markets are experiencing gains, and Wall Street futures are also looking positive ahead of trading. Amid all this, ADP’s report indicating an average loss of 11,250 private sector jobs weekly through October adds layers of complexity to the economic outlook, fueling speculation that the Federal Reserve might consider another rate cut next month despite some internal reservations within the Fed. Several Fed officials are slated to speak today, including noted board doves, while Treasury markets prepare for the reopening after the holiday with restrained yield activity ahead of a key 10-year note auction. Notably, President Trump is expected to meet privately with prominent business leaders, including CEOs from Nasdaq and JPMorgan Chase. The dollar’s performance remains stable against major currencies, while the Swiss franc is gaining ground amid tariff reductions on Swiss imports. In the UK, reports suggest Prime Minister Keir Starmer may face political challenges within his party, contributing to a weakening of the pound and government bond prices. Today’s economic indicators include the building permits report from Canada, a crucial vote in the U.S. House, Fed officials’ discussions, and a significant Treasury auction. For detailed updates, sign up for the Morning Bid newsletter.