Stock index futures jump on reports of Senate breakthrough to end shutdown. Taiwan Semi's October revenue rises 17% YoY, below September’s surge. Rumble to buy German AI firm Northern Data.

In a year defined by relentless volatility and uncertainty in financial markets, Tom Lee — Wall Street’s most vocal bull — remains unshakably optimistic and, to the frustration of bears, often correct.

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At the opening bell, the Dow Jones Industrial Average rose 108.0 points, or 0.23%, to 47,095.06. The S&P 500 rose 56.6 points, or 0.84%, to 6,785.36​, while the Nasdaq Composite rose 350.3 points, or 1.

Markets are coming back strong. All thanks to the news that the government shutdown may soon be over, which would remove a good deal of uncertainty in the markets. In fact, in the latest agreement, some Democrats and Republicans finally reached a vote of 60 to 40 to advance the vote to the next stage.

Big Tech and other superstars of the U.S. stock market rallied, and Wall Street recovered most of its loss from last week.

The headlines calling out Palantir's valuation have piled up over the past year. For as much as Palantir has delivered on the business side of things, the stock's gains have been equally breathtaking, perhaps even more so. Prior to the latest earnings release, the stock was up over 300% in the past year and over 2,200% in the past three years.

The Cboe Volatility Index, better known as the VIX or Wall Street's "fear gauge," has bounced back above 20 on Friday as investors fret about still-high stock-market valuations and the possible economic fallout from what has become the longest government shutdown in U.