Stocks recover on signs of Trump's improving health

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U.S. stock futures rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of the ...

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.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

oh what a pathetic society we have become.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR

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