US, Asian shares mostly higher as chances of coronavirus stimulus get Trump boost

Fox Business | Oct 8, 2020 at 9:22 AM
  • Asian and U.S. shares were mostly higher on Thursday on optimism U.S. stimulus may be coming after all, as President Donald Trump appeared to reverse his earlier decision to halt talks on another economic rescue effort.
  • The Nasdaq composite climbed 1.9%, to 11,364.60, despite a call by Democratic lawmakers for Congress to rein in Big Tech companies that dominate it and other indexes.
  • Still, much of the market’s attention remains fixed on the prospects for more stimulus for the economy from Washington.