The Dow climbs 500 points

Stocks were mostly higher Tuesday, as investors considered signs of labor-market weakness and a likely end to the government shutdown. The Dow Jones Industrial Average was solidly higher in recent trading. The S&P 500 inched up, while declines in tech shares dragged on the Nasdaq composite.

Late Monday, the Senate passed a spending package to end the stoppage. The bill now moves to the House for a final vote as soon as Wednesday and then to President Trump’s desk.

The reopening is likely to unleash a barrage of delayed data, with the September jobs report likely to be among the first to be published. In the absence of official reports, investors have scrutinized alternative gauges such as a report Tuesday from ADP.

That report indicated the private sector on average lost more than 11,000 jobs a week in the four weeks through Oct. 25. Separately, Goldman Sachs has estimated deferred government resignations could help trigger a 50,000-job drop in total nonfarm payrolls for October.

So while the Dow Jones’ climb will be welcome news for the administration, the overall stock market has been a mixed bag. President Trump is looking for some positive momentum after disappointing special election results last week.

Things haven’t been great for the Trump administration, but there is more than enough time for them to turn things around.