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Global Stocks Mostly Higher On US Stimulus Hopes

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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in the rain in Tokyo Friday, Oct. 9, 2020. Asian stock markets followed Wall Street higher on Friday on hopes Washington will provide more aid to the struggling U.S. economy. (AP Photo/Eugene Hoshiko)

(AP) — Global stocks and Wall Street futures are up after President Donald Trump said talks had resumed on an aid package for the struggling US economy. European indexes are largely higher and Shanghai and Sydney advanced. Tokyo was lower. Market sentiment has improved since Trump suggested he might be reversing his decision to halt talks on more aid to the economy. Stock prices have been volatile since mid-September as investors swing between optimism about possible development of a coronavirus vaccine and unease that markets recovered too fast and shares are too expensive.

 

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