HONG KONG, China – Most Asian markets mostly rose Monday following a strong end to last week on Wall Street as traders turned their attention to the Federal Reserve’s latest policy meeting and earnings from corporate giants.
A strong reading on US and European manufacturing and services activity provided a positive catalyst for investors, who appear to have got over Joe Biden’s plan to almost double capital gains tax, while Washington’s decision to reapprove Johnson & Johnson’s vaccine also lifted optimism.
However, the president’s $2.25 trillion infrastructure plan could take longer to get through Congress than hoped after a member of his own Democrat p…
Keep on reading: Asian markets mostly rise ahead of Fed meeting, earnings