According to Nikkei, government-backed Japan Bank for International Cooperation (JBIC) will provide up to $360 million in financing; private banks will provide the remainder.

Joanne Bianco, senior investment strategist at BondBloxx, said investors view the U.S. midterm results as supportive for bonds and equities because the outcome raises the hurdle for further fiscal expansion and increases the likelihood of greater checks on policy. She noted that, although few in Washington now openly advocate fiscal tightening, a more fragmented policy environment should make further fiscal deficit expansion harder and could improve the fiscal outlook. In a report she added that markets will refocus on geopolitical risks and whether the U.S. economy can remain resilient.

Nasdaq-100 futures pared earlier gains and are up 0.3%.