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.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

oh what a pathetic society we have become.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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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 ...
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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.
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