Global stocks advanced on Monday on hopes that President Donald Trump’s hospital stay will boost the chances of a stimulus bill being completed before the election.
Shortly after the open, the
Dow Jones Industrial Average
gained 260 points, or 0.9%, while the
rose 0.9%, and the
With major markets in Asia resuming trade after holidays, the
rose 1.2% in Tokyo and the
rose 1.3% in Hong Kong.
Stoxx Europe 600
Trump over the weekend appeared to be in improving physical condition after being hospitalized for Covid-19, with the president possibly leaving Walter Reed Medical Center as early as Monday.
Trump’s hospitalization seems to have improved