Asian stocks rise after US government reopens for now
Updated : January 28, 2019 09:31 AM IST
Facing mounting pressure, US President Donald Trump agreed on Friday to temporarily end a 35-day-old partial US government shutdown without getting the $5.7 billion he had demanded from Congress for a border wall.
In response Wall Street rallied broadly on Friday as investors were heartened to see the back of the longest US government shutdown in history.
The shutdown had left investors anxious and frustrated as it came at a time of heightened worries over slowing global growth, signs of stress in corporate earnings and a still unresolved Sino-US trade war.
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