NEW YORK (dpa-AFX) – The US stock exchanges reacted on Monday to news about the recovery process of US President Donald Trump, who was ill with the coronavirus, with significant price increases. The leading index Dow Jones Industrial rose 1.68 percent to 28,148.64 points. The broad S&P 500 rose by a similarly strong 1.80 percent to 3408.60 points. Things looked even better for the technology-heavy Nasdaq 100, which gained 2.25 percent to 11,509.06 points.
Trump says he is leaving the hospital this Monday (local time), where he was treated for a Covid 19 disease. He feels very good, he wrote on Twitter. With the President’s return to the White House, the chances of an agreement between Republicans and Democrats on another US stimulus package increased again, the market said. The political uncertainty, which had caused heavy losses in large parts of the stock market on Friday, has now noticeably eased again./ajx/he
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