Asian shares inched up on Wednesday following buoyant manufacturing indicators from the United States and elsewhere and a rally in U.S. tech shares, with investors also expecting more policy support from Washington.
On Wall Street, both the S&P 500 and Nasdaq boasted record closing highs, with the technology sector leading the charge. Euro zone manufacturing activity also grew last month to stay on a path toward recovery, though factory managers remained wary about investing and hiring more workers. White House chief of staff Mark Meadows said Senate Republicans are likely to bring up a targeted COVID-19 relief bill next week.
"We are entering the second stage of central bank-financed government stimulus," said Hiroshi Watanabe, senior economist at Sony Financial Holdings.
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