Global stocks rise as signs of Trump’s improving health calm markets

Global Stocks NYSE Trump

Stock markets rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of the political uncertainty that shook global bourses in the previous session. Trump, 74, was flown to hospital for treatment for the coronavirus on Friday, but his doctors say he has responded well and could return to the White House on Monday. That helped U.S. S&P 500 e-mini futures rise 0.82% in Asian trading, while Nasdaq futures gained 1.11%. MSCI’s broadest index of Asia-Pacific shares outside Japan rose…

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Wall Street edges higher on tech boost

Equities

The S&P 500 edged higher in volatile trading on Thursday as investors cautiously bought heavyweight tech-related stocks after a recent selloff while awaiting more coronavirus fiscal aid amid growing evidence of a choppy economic rebound. Amazon.com rose 1.3% and Tesla Inc jumped 6%, supporting the Nasdaq’s advance. Stay-at-home winners Apple Inc, Microsoft Corp and Netflix Inc were marginally lower. The NYSE FANG+TM Index, which includes the core FAANG stocks, was up 1.1%. “It’s going to be a battle for the next couple of days from investors who are trying to…

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