TOKYO (Reuters) – Stock markets rose on Monday on hopes that President Donald Trump could be discharged from hospital later in the day, easing some of the political uncertainty that shook global bourses in the previous session.
Trump, 74, was flown to hospital for treatment for the coronavirus on Friday, but his doctors say he has responded well and could return to the White House on Monday.
That helped U.S. S&P 500 e-mini futures rise 0.82% in Asian trading, while Nasdaq futures gained 1.11%.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.63%.
Australian stocks jumped 2.37% for the biggest daily gain in almost two weeks. Japan’s Nikkei rose 1.39%. China’s financial markets are closed