Dow climbs 260 points amid optimism that Trump will soon be discharged from the hospital

published 05.10.2020 17:45

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Also helping stocks were comments from House Speaker Nancy Pelosi, who said on Sunday evening that negotiators were "making progress" on an additional round of fiscal stimulus.

US stocks climbed on Monday on optimism that President Donald Trump might soon leave Walter Reed National Military Medical Center after being admitted on Friday for COVID-19.

The potential for another round of fiscal stimulus also helped stocks on Monday, after House Speaker Nancy Pelosi said on Sunday evening that negotiators were "making progress."

ALEX EDELMAN/AFP via Getty Images Stocks climbed on Monday on optimism that President Donald Trump would soon leave Walter Reed hospital after being admitted on Friday for COVID-19.