Global markets & US stocks rising after Trump’s physicians said president could leave the hospital soon

Both global & US stocks are climbing after president’s doctors announced that Trump could be discharged from Walter Reed National Medical Center as early as Monday. A rapid recovery could ease some of the huge uncertainty surrounding the United States election with just 1 month left in the campaign.

Japan’s Nikkei 225 rose more than 1.2%. South Korea’s Kospi & Hong Kong’s Hang Seng, which were closed at the end of last week for public holidays, each rose roughly 1.3%.

European stock futures followed those gains, with the FTSE 100 rising 0.4% in London. France’s CAC 40 & Germany’s DAX rose 0.6% & 0.5%, respectively.

Wall Street seems poised to join the trend, too. Stocks for the Dow, S&P 500 & Nasdaq each advanced between 0.4% & 0.6%.

The positive outlook marks a reversal from last Friday, when stocks around the world tumbled after president tweeted that he had tested positive for a Covid-19.