Stocks rose on Monday after a busy last week, with optimism supported by another AI-led tech rally on Wall Street.

Investors returned from the weekend in relatively good spirits after an upbeat end to October that saw China-US tensions ease, a Federal Reserve interest rate cut, and healthy earnings from market darlings including Amazon.

Traders are also hoping for key US jobs data to be released later in the week, though the ongoing government shutdown -- with Democrats and Republicans no closer to a reopening deal -- could cause them to be suspended again.

While the government closure has not had any major impact on markets, analysts warned it could begin to affect Americans.

"The shutdown could soon feasibly become the longest on record, though markets remain largely unperturbed," wr

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