TOKYO — Asian and U.S. shares were mostly higher on Thursday on optimism U.S. stimulus may be coming after all, as President Donald Trump appeared to reverse his earlier decision to halt talks on another economic rescue effort.
Still, much of the market’s attention remains fixed on the prospects for more stimulus for the economy from Washington.
Smaller stocks also rose more than the rest of the market, an indication of rising optimism about the economy’s prospects.
The Russell 2000 index of small-cap stocks climbed 2.1% to 1,611.04.
The U.S. dollar inched down to 105.96 Japanese yen from 105.98 yen late Wednesday.