SINGAPORE, Dec. 16 (Xinhua) -- Singapore shares closed 0.56 percent higher on Wednesday, fueled by optimism over coronavirus vaccines rollout and revived U.S. Congress' efforts to pass a spending package to boost the pandemic-hit economy.
U.S. markets finished higher on Tuesday after House of Representatives Speaker Nancy Pelosi invited other top congressional leaders to meet to hammer out a coronavirus relief deal. Vaccine rollout continued to make progress as Moderna's coronavirus vaccine appeared set for regulatory authorization this week.
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