Stocks Close Higher; Trump Says He’s Leaving Hospital Monday

Stocks finished higher after President Donald Trump said he’d be leaving the hospital Monday, and on optimism over a coronavirus-relief package.

The Dow Jones Industrial Average finished up 465 points, or 1.68%, to 28,148, the S&P 500 climbed 1.8% and the Nasdaq rose 2.32%.

Leading the Dow higher were Amgen  (AMGN) – Get Report and Travelers  (TRV) – Get Report.

The president spent the weekend at Walter Reed Medical Center, recovering from Covid-19. 

While Trump’s medical team was positive about his prognosis, some observers questioned the official details of Trump’s health. Trump’s blood oxygen level had dropped twice in recent days, and doctors had given him a steroid to treat his symptoms.

But in a tweet Monday, the president said he was “feeling really good” and would be leaving the hospital at 6:30 p.m. ET.

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