The Dow Jones Industrial Average on Monday hit a fresh all-time intraday high after New York Sen. Chuck Schumer indicated that there were sufficient votes to clear the way to end of a government shutdown that had entered its third day. “We will vote today to reopen the government,” Schumer said on the Senate floor. The Dow climbed 78 points, or 0.3%, at 26,151, briefly setting an intrasession record at 26,156.53. The blue-chip gauge had been under pressure in the early part of the session but broke higher on the news that the end of the multiday session, at least temporarily, may be near. The S&P 500 index and the Nasdaq Composite Index also climbed to their highs of the day, carving out fresh intraday records. The S&P 500 was up 0.5% at 2,824, while the technology-laden Nasdaq was 0.7% higher at 7,389. Both the S&P 500 and the Nasdaq has set all-time intraday peaks near the start of trade on modest gains. According to reports, Democrats agreed to a short-term pause in their standoff with Republicans over immigration policy.
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