Investing.com - Asian shares gained on Monday, taking a cue from Wall Street after Congress and President Trump managed to reach an agreement to fund the government for three more weeks.
In Japan, the Nikkei 225 rose 0.92%. Toyota rose 0.55 percent, Honda jumped 1.98% and Mitsubishi Motors tacked on 1.71%. The Bank of Japan held monetary policy stable, reaffirming its ¥80 trillion in annual asset purchases and its yield curve strategy.
Investors noted a market operation earlier this year that was seen as a potential signal of a slower pace of asset purchases, but the central bank commented that was not the case. Governor Haruhiko Kuroda will hold a press conference later in the day to elaborate on the central bank\'s views.
In Australia, the S&P/ASX 200 gained 0.73%. In Greater China, the Shanghai Composite gained 0.64% and the Hang Seng jumped 1.10%. HSBC rose 0.65%, insurer AIA advanced 1.44% and China Construction Bank was up 0.95%t.
The S&P 500 rose 0.8% to close at a record of 2,832.97, with energy and telecommunications as the best-performing sectors. The Nasdaq composite also reached an all-time high, advancing 1% to 7,408.03, with shares of Netflix (NASDAQ:NFLX) hitting a record before reporting quarterly results well above expectations. The Dow Jones industrial average gained 142.88 points to close at 26,214.60, an all-time high.