Shares advanced Tuesday in Asia after hopes for fresh economic stimulus helped Wall Street recover its losses from the initial shock of learning President Donald Trump had tested positive for the coronavirus.
Trump left the hospital after spending less than three days there, returning to the White House late Monday despite uncertainty over his recovery and risks that he is still infectious.
Shares rose in Tokyo, Hong Kong and Seoul. Markets in mainland China are closed for a weeklong holiday.DOW JUMPS 465 POINTS AS TRUMP RETURNS TO WHITE HOUSE
Overnight, the S&P 500 climbed 1.8%. Treasury yields and oil all rose after Trump and House Speaker Nancy Pelosi both noted the importance over the weekend of additional support for the economy.
Australia’s S&P/ASX 200 rose 0.4% to 5,962.10 after the central bank kept its policies basically