New Records hit Stock Markets.
Asian Markets rose on Friday following a record, breaking session on wall street.The S&P 500 broke the 4000 point barrier for the first time, while the Nasdaq and Dowjones also made gains.
Investors were buoyed by president joe Biden's new $ 2,3tn infrastructure spending plan and growing optimism about the economy. Markets in Tokyo and Seoul were up more than 1% while shanghai was also in positive Territory trading was thin in Asia, as markets in Hong Kong and Australia were closed for Good friday.
The latest highs in the US point to renewed confidence among investors that the economic recovery in gaining pace. The S&P 500 has gained 7 % since the start of 2021, although the Nasdaq is about 5% below its peak in February.
President Biden's mega rebuilding package, which follows the passage of a $ 1.9tn stimuls has stirred more enthusiasm among investors.
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