BEIJING – Asian stock markets rose Monday after President Donald Trump signed a $900 billion economic aid package, helping to reduce uncertainty as governments re-impose travel and business curbs in response to a new coronavirus variant.Shanghai, Tokyo and Hong Kong advanced as traders returned to work following a three-day Christmas weekend.
Trump signed the measure, which also includes money for other government functions through September, despite expressing frustration that $600 payments to the public weren’t bigger.
His signature following last-minute objections helped to clear away uncertainty as reinstated travel and business curbs threaten to weigh on global economic activity. “The stimulus balloon will allow the markets to navigate.