The market was driven by the news that President Trump can leave the hospital after he was admitted due to COVID-19 infection. USA30 was up 1.30%, while USA500 added 1.37%. TECH100 gained 1.70%.
Crude Oil went up 4.9% and settled at $38.87 per barrel. Brent went up 4.4% to $41 a barrel.
Gold ended the day at $1,920.45 per ounce after gaining 0.67%.
Asia and Australia
The right side of the Atlantic reacted positively over the news. After three days in the hospital, President #Trump was allowed to return to the White House. Japan225 rose 1.33%.
HongKong45 went up 1.30% despite the experts warning that the fourth wave of #COVID-19 infections is in sight and could be the most severe yet.
Down under, Australia200 soared 2.42% ahead of the Reserve Bank meeting. The market expects the Bank to keep the interest rates, and the three-year yield target unchanged at 0.25%.
The hope of a new stimulus package and President Trump's discharge from the hospital made these markets rally. Europe50 added 0.8%. Germany30 gained 1.10%, while France40 ended the day 0.97% higher.
EUR/USD added 0.57% to 1.1783.
Read about President Trump’s illness here!
Sources: marketwatch.com, investing.com