Stocks rose Tuesday in Asia, with Japan’s Nikkei 225 index hitting a 30-year high after 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.
In Tokyo, the Nikkei 225 jumped 2.7% to 27,568.15, the first time it has traded above 27,000 since August 1990, according to FactSet.
The market hit its all-time peak close of 38,915.87 on Dec. 29, 1989. The benchmark was buoyed by strong gains in heavyweights like Mitsubishi Heavy Industries, which surged 4.6%, apparel maker Fast Retailing, also up 4.6%, and technology and.