A gauge of global stocks was on track to close at a fresh record with Japanese shares leading the way. Benchmarks also climbed in Australia and Hong Kong, though fluctuated in South Korea and China. U.S. futures pushed higher after the House backed the president’s proposal to boost checks to $2,000 from $600, which creates a political dilemma for Senate Republicans. Earlier, the S&P 500 Index, Dow Jones Industrial Average and Nasdaq Composite touched all-time highs after Trump approved the combined $2.3 trillion Covid-19 relief and government funding package.

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