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Asian markets, oil rally as US spending deal boosts recovery outlook

European stock markets ran out of steam on Friday, despite gains elsewhere, as investors continued to dwell on inflationary concerns, dealers said.

Asia shares up as US infrastructure deal lifts S&P to a record

The Straits Times Asian stocks rebounded after falling earlier in the week.PHOTO: AFP Published9 hours ago https://str.sg/3oZv They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398. Let s go! Spin the wheel for ST Read and Win now.

Asian shares up as US infrastructure bill lifts S&P to a record

Asian shares up as U S infrastructure bill lifts S&P to a record

U.S. stock index futures ticked up on Friday after a strong overnight showing for U.S. and global equities as President Joe Biden secured a bipartisan Senate infrastructure deal, though oil lost some shine after a strong week. Investors have been looking to an infrastructure agreement to extend the U.S. recovery after massive fiscal stimulus helped the U.S. economy grow at a 6.4% annualized rate in the first quarter.

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