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Strong rises on Wall Street: Trump's 'good' health overshadows lack of stimulus

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Trump and economic stimulus. These are the two factors on which the US stock markets have been pending during Monday's trading session. Wall Street (Dow Jones + 1.68%; S&P 500 + 1.80%; Nasdaq + 2.32%) has moved forward eagerly after the president's health has improved in recent hours, to such an extent that he will leave the hospital in the next few hours. The good news about his health has overshadowed the stimulus package, which remains to be agreed between Democrats and Republicans.

Trump has assured this Sunday in a video posted on his popular Twitter profile that "we are having great news from the doctors", also referring to the health of his wife and First Lady, Melania Trump, also infected with the virus.

The main neookorkino indices have touched the highs of the day after the President has announced that he will leave the hospital in the next hour. "I feel better than 20 years ago," Trump said.

The experience with Covid-19 does not appear to have changed Trump's mindset and he continues to downplay the disease. "Don't be afraid of Covid. Don't let it dominate your life", Has expressed.

Still, questions remain after White House physician Sean Conley revealed that he was given supplemental oxygen and has received a drug typically used in more severe Covid-19 patients. This raises questions about the president's condition as he enters a phase of the illness in which the health of some patients suddenly and dramatically worsens.

Although the president's health is improving, they do not stop increasing infections in their closest environmentThe latest was her press officer, Kayleigh McEnany. "This Monday I have tested positive for Covid-19, although I do not experience any symptoms," he explained through his Twitter account.

Regarding the new round of stimuli, Nancy Pelosi, President of the US House of Representatives, said last Friday that "we continue working on the text to quickly facilitate an agreement." A few days before, they approved a package of 2.2 billion that has all the ballots to be rejected by the Senate, with a Republican majority.

Pelosi had words especially to address airline workers, one of the sectors hardest hit by the pandemic, stating that the new package of measures is "imminent".

OTHER MARKETS

In the raw material market, a barrel of West Texas oil, a benchmark in the US, is trading at this time with a rise of 5% and is paid almost 40 dollars. On the other hand, in the foreign exchange market, the euro appreciates 0.45% and changes to 1,177 dollars. In addition, in the debt market, the US ten-year bond yield rose to 0.73%.

On the other side of the Atlantic the Ibex has led the rises in Europe eagerly supported by the aforementioned improvement of Trump, his banks and Telefónica. Finally, in Asia the stock markets have closed in green spurred by the health of the US president.

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