+ Follow us On Google

Bangkok, Nov 10 (AP) Shares advanced in Europe and Asia on Monday as tentative moves by the US Senate to end the federal government shutdown pushed US futures higher.

The Senate voted late Sunday, in a test vote that begins a series of procedural maneuvers, to move toward passing compromise legislation to fund the federal government, though final passage could be several days away if Democrats object and delay the process.

The Senate may hold a vote by mid-December on extending expiring health care tax credits, the key sticking point.

Hopes for an end to the shutdown, the longest ever, pushed the future for the S&P 500 up 0.7 per cent. The future for the Dow Jones Industrial Average gained 0.1 per cent.

Germany’s DAX gained 1.4 per cent to 23,891.71 and the CAC

See Full Page