Meanwhile, the Senate passed a measure that would raise the debt ceiling by $480 billion, giving the Treasury enough money to pay bills until Dec. 3.
European bourses were modestly lower with Germany’s DAX 30 losing 0.29% and France’s CAC 40 sliding 0.61%. Britain's FTSE 100 gained 0.25%,
In Asia, Hong Kong’s Hang Seng index added 0.55%, China’s Shanghai Composite advanced 0.67% and Japan’s Nikkei 225 gained 1.34%.
In the commodities market, West Texas Intermediate crude oil hit $80 intraday before closing up $1.05 to $79.35 a barrel, its highest close in seven years. Gold, meanwhile, slipped $1.60 to $1,756.30 an ounce.