(RTTNews) – Stocks moved sharply higher during trading on Monday, more than offsetting the weakness seen in the previous session. With the upward move on the day, the major averages reached their best closing levels in a month.
The major averages ended the day near their highs of the session. The Dow jumped 465.83 points or 1.7 percent to 28,148.64, the Nasdaq spiked 257.47 points or 2.3 percent to 11,332.49 and the S&P 500 surged up 60.16 points or 1.8 percent to 3,408.60.
The rally on Wall Street came amid positive reports about President Donald Trump’s health after he was rushed to Walter Reed hospital on Friday.
In a video posted on Twitter late Sunday, Trump said he is “getting great reports from the doctors” regarding his battle with the coronavirus.
Trump revealed in a tweet late in the trading day that he will be releases from the hospital at