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Global equities traded higher on Monday morning amid reports that the protracted U.S. government shutdown may be nearing an end.
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The measure signals a major breakthrough but the deal still needs to get over more hurdles in Congress.
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A small but critical group of Democrats backed legislation to fund the government, providing the votes to move forward with a spending package that would end the shutdown in coming days.
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Key takeaways after a Senate breakthrough heralds a possible end in sight to the longest shutdown in US history.
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Several Senate Democrats break ranks to join Republicans in a deal to reopen the government. And, world leaders gather in Brazil for a major climate conference, but the U.S. is not expected to attend.
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This is how the shutdown ends?
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Investors in Asia are also assessing October inflation data out from China over the weekend, which came in above expectations.
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In late-night guidance, the Agriculture Department also threatened financial penalties against states.
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China has rolled back a number of restrictions on its export of critical minerals and rare earth materials to the U.S., in a sign of thawing trade tensions.
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Trump offers more insight into proposal that directs subsidies directly to the American people to pay for health care rather than sending funds insurance companies.
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