Earlier, Pelosi’s spokesman Drew Hammill said on Twitter that US House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin moved closer to an agreement on a fresh coronavirus relief package during a 45-minute talk on Tuesday.
Hammill said talks would continue on Wednesday, and “both sides are serious about finding a compromise.”
Pelosi herself has just stated that the talks with Mnuchin provided more clarity and that she remains hopeful of a pre-election stimulus deal.
Futures in early Asia have enjoyed the optimism.
S&P500 CFDs were higher by over 0.5% to trade at 3455.4 the high.