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Asian stocks climb as US paves way to reopen economy

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Asian stocks rose with U.S. and European futures amid tentative steps to restart the American economy and progress on the fight against the coronavirus.

Treasuries fell with the dollar. Shares saw strong gains across the region, while contracts on the S&P 500 jumped over 3%.

President Donald Trump outlined plans for the reopening and investors assessed a report that Gilead Sciences Inc. is seeing improvements in coronavirus sufferers taking its drug.

Treasury yields advanced, while oil fluctuated around $20 a barrel. Gold slipped, though the yen strengthened against the greenback.

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