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| Version 2 | Version 3 |
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| Asia markets rise after US stimulus package agreed | Asia markets rise after US stimulus package agreed |
| (32 minutes later) | |
| US President Donald Trump and the Senate have agreed an economic relief package worth more than $1.8 trillion (£1.5tn), sending Asian shares higher. | US President Donald Trump and the Senate have agreed an economic relief package worth more than $1.8 trillion (£1.5tn), sending Asian shares higher. |
| Markets had rocketed on Wall Street and in London on Tuesday in anticipation of a deal being struck. | |
| Asian shares also gained in Wednesday trading, with Japan's benchmark Nikkei 225 index up 7.9% following the news. | Asian shares also gained in Wednesday trading, with Japan's benchmark Nikkei 225 index up 7.9% following the news. |
| The US stimulus package includes money to bailout industries that have been affected by the crisis. | The US stimulus package includes money to bailout industries that have been affected by the crisis. |
| In the US, the Dow Jones Industrial Average saw its biggest one-day gain since 1933 on Tuesday, although the deal had not yet been signed. | In the US, the Dow Jones Industrial Average saw its biggest one-day gain since 1933 on Tuesday, although the deal had not yet been signed. |
| In Asia, the Hang Seng index in Hong Kong rose 3.1%, and China's Shanghai Composite was up by 2% in Wednesday's trading session. | In Asia, the Hang Seng index in Hong Kong rose 3.1%, and China's Shanghai Composite was up by 2% in Wednesday's trading session. |
| "It's good news, but we're not out of the woods yet, " said Tom Stevenson, investment director at fund manager Fidelity International. | "It's good news, but we're not out of the woods yet, " said Tom Stevenson, investment director at fund manager Fidelity International. |
| "When markets are falling, you get these big rallies but you shouldn't get stuck on that. They do bounce around in these situations." | "When markets are falling, you get these big rallies but you shouldn't get stuck on that. They do bounce around in these situations." |
| It continues a period of unprecedented volatility as markets react wildly to the economic impact of the coronavirus pandemic. | It continues a period of unprecedented volatility as markets react wildly to the economic impact of the coronavirus pandemic. |
| This month alone has seen the Dow having the five biggest daily gains and five biggest falls of its 135-year history. | This month alone has seen the Dow having the five biggest daily gains and five biggest falls of its 135-year history. |
| On Wall Street, the Dow Jones surged by 11.4% on Tuesday, as it saw its biggest one-day gain since the Great Depression. | On Wall Street, the Dow Jones surged by 11.4% on Tuesday, as it saw its biggest one-day gain since the Great Depression. |
| Rescue package | Rescue package |
| Many countries are now working on stimulus packages to support their economies, but these plans have received mixed responses from investors. | Many countries are now working on stimulus packages to support their economies, but these plans have received mixed responses from investors. |
| The US rescue package follows five days of intense negotiations to try to agree a deal that will provide aid for American workers and businesses. | The US rescue package follows five days of intense negotiations to try to agree a deal that will provide aid for American workers and businesses. |
| "At last we have a deal," Senate Majority Leader Mitch McConnell announced shortly before 2am Washington DC time. "In effect, this is a war time investment," he added. | "At last we have a deal," Senate Majority Leader Mitch McConnell announced shortly before 2am Washington DC time. "In effect, this is a war time investment," he added. |
| The full details of the planned legislation have not been published yet, but lawmakers suggested on Tuesday that an initial proposal by Republicans for direct cash payments would be included. | The full details of the planned legislation have not been published yet, but lawmakers suggested on Tuesday that an initial proposal by Republicans for direct cash payments would be included. |
| The package of measures will help ease the pain of mass layoffs as businesses have been forced to close and employees ordered to stay at home. | The package of measures will help ease the pain of mass layoffs as businesses have been forced to close and employees ordered to stay at home. |