LONDON: Stock markets diverged on Tuesday as investors dwelt on US election uncertainty after President Donald TrumpTraders reacted to Trump's discharge from hospital as political concerns persisted before the presidential vote on Nov 3.READ: 'Don't be afraid' – Trump urges Americans to 'get out there' after return from hospital
Global equities had rebounded on Monday on reports of Trump's improving health, while lawmakers in Congress appeared to edge towards agreeing on a new stimulus package. Analysts said Trump's positive test for COVID-19 could be the jolt US lawmakers needed to finally agree a deal.Stimulus talks have revived with a series of mostly phone meetings between Treasury Secretary Steven Mnuchin and Democrat House leader Nancy Pelosi.
"As far as traders are concerned, talking is preferable to being in a stand-off and not engaging with each other," noted David Madden, analyst at CMC Markets UK.
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Asia stocks rise, oil jumps as Trump returns to White HouseSINGAPORE (REUTERS) - Asia's stock markets edged higher on Tuesday (Oct 6), cautiously adding to gains made with an improvement in both US President Donald Trump's health and prospects for a US stimulus package.. Read more at straitstimes.com.
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