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Japan's Nikkei at 30-year high after Trump approves Covid-19 stimulus

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President Donald Trump signed a $900 billion economic aid package.Wall Street set fresh records on Monday after Trump opted not to veto the bill, helping to staunch uncertainty as governments reimpose pandemic-fighting travel and business curbs weighing on global economic activity.Investors and economists have been pushing for the support for months.

It combines $900 billion in Covid-19 aid with a $1.4 trillion spending bill and reams of other unfinished legislation on taxes, energy, education and health care.Also Read | How Indians lived online during 2020The hope is that the measures will help tide the economy over until vaccinations can bring surging infections under control, allowing precautions to be relaxed and life to begin returning.

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