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Japan's stocks set to rise as Wall Street sails to records on $1 trillion infrastructure plan

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The U.S. Senate's infrastructure plan, which includes $550 billion in new spending on transportation and broadband, is expected to help boost the economy.

Wall Street sailed to record highs on the back of a $1 trillion infrastructure plan passed by the U.S. Senate.

Singapore's trade and industry ministry said Wednesday that the economy grew 14.7% in the second quarter as compared with a year ago. SINGAPORE — Stocks in Japan were set for a higher open, as Wall Street sailed to record highs on the back of a $1 trillion infrastructure plan passed by the U.S. Senate.However, the S&P/ASX 200 in Australia was set for a lower open.

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