The major averages rose to start the week after Congress took a critical step towards reopening the government after a miserable weekend at the airports. The Dow Jones Industrial Average rose 381 points, or 0.81%. The S&P 500 gained 103 points or 1.54%, while the Nasdaq Composite advanced 522 points or 2.2%.

The recent highflyers are bouncing back as today as a risk on day. All the big cap techs were higher. Nvidia is up 4%, Palantir is up 9% while Google and Tesla are up 3%. Outside tech, most sectors are more muted. Consumer defensive sector is lower today. The healthcare space is quiet to lower. The HMOs are lower as President Trump looks to cut costs by redirecting Obamacare subsidies from health insurance companies to individuals.

Once the government reopens, there will be a flood of economic releases for investors to digest.  Interest rates were higher today. The 10-year Treasury advanced 2 basis points to 4.11%, while the 2-year note yield added more than 3 basis points to 3.59%. The 30-year bond yield fell a basis point to 4.70%.

In the commodity space, gold was up over 2% back above $4100. Oil hovers around $60 a barrel. Cypto currencies all rebounded after entering bear market territory last week.

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