Major Asian stock markets fell back after early gains on Wednesday after Wall Street jumped on President Donald Trump's promise of aid to get the U.S. economy through the coronavirus outbreak.
Benchmarks in Shanghai, Tokyo and Hong Kong all advanced and then fell. Australia's main index fell 6.4% and smaller Asian markets also were mostly lower.
The White House proposal could approach $1 trillion in spending to ward off the pressure of business closures to contain the virus. The Federal Reserve announced more measures to keep financial markets operating.
