Stocks recover on signs of Trump's improving health

MILAN: Stocks and other risk assets rose on Monday as signs that Donald Trump's health was improving brought relief to markets after the uncertainty of his COVID-19 infection sent investors rushing for safety last week.

Overhanging the relief rally, however, were concerns that Trump's case could be more severe than public disclosures suggest, and that more restrictive measures by governments to slow coronavirus infections could harm the economic recovery. IHS Markit's final composite Purchasing Managers' Index fell to 50.4, just above the 50 mark separating growth from contraction.

According to a Reuters/Ipsos poll released on Sunday, Democrat contender Joe Biden opened his widest lead in a month in the U.S. presidential race. Brent prices were up 2per cent at US$40.1 a barrel and U.S. West Texas Intermediate added 2.2per cent to US$37.9 a barrel.

oh what a pathetic society we have become.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Singapore stocks open higher on Monday; STI up 0.6%SINGAPORE shares started the week higher after closing lower on Friday. Read more at The Business Times.
La source: BusinessTimes - 🏆 15. / 51 Lire la suite »

Tokyo: Stocks open higher on Trump health[TOKYO] Tokyo stocks opened higher on Monday as investors responded positively to US President Donald Trump signalling that his health is improving after contracting the coronavirus. Read more at The Business Times.
La source: BusinessTimes - 🏆 15. / 51 Lire la suite »

Stocks rise as signs of Trump's improving health calm marketsNEW YORK: Stock markets rose on Monday (Oct 5) on hopes that President Donald Trump could be discharged from hospital later in the day, easing ...
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »

Asia stocks rise as signs of Trump's improving health calm markets; STI up 0.7%TOKYO (REUTERS) - Stock markets rose on Monday (Oct 5) on hopes that US President Donald Mr Trump could be discharged from hospital later in the day, easing some of the political uncertainty that shook global bourses in the previous session.. Read more at straitstimes.com.
La source: The Straits Times - 🏆 8. / 63 Lire la suite »

Europe: Stocks gain ground[LONDON] Europe's main stock markets gained ground in opening trade on Monday after US President Donald Trump signalled that his health is improving after contracting the coronavirus. Read more at The Business Times.
La source: BusinessTimes - 🏆 15. / 51 Lire la suite »