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The Dow continues to rise. Rising over 300 points, breaking the 28,000 line today, in response to President Donald Trump’s recovery from treatment for a COVID-19 illness. And you can be discharged from the hospital today.
In addition, the market is also positive as it awaits progress in the new round of stimulus measures.
At 9:53 p.m. Thai time, the Dow Jones Industrial Average stood at 28,058.10, 375.29 positive points, or 1.36%.
White House Chief Executive Mark Meadows said President Donald Trump’s task force and doctors would meet today. To determine if President Trump will be able to leave the hospital today. After receiving treatment for an illness caused by COVID-19
“The president did better. And we will make a decision on whether or not he can leave the hospital today,” Meadows said.
However, even though President Trump was able to leave the hospital today. But he will remain detained inside the White House for further monitoring.
President Trump has been admitted to Walter Reed National Military Medical Center since Friday. After a positive test for the COVID-19 virus, concerns have become widespread. Since there is only one month left until US Presidential Election Day on November 3.
Meadows also said: It is very likely that the White House can reach an agreement with Congress on a new round of stimulus. While President Trump is determined to push the deal forward,
Meadows said: At the time President Trump received COVID-19 treatment. In the hospital since Friday he has been in close contact with the Secretary of the Treasury of the United States, Steven Mnuchin, and the Speaker of the House of Representatives, Nancy Pelosi. Regarding the economic stimulus measures to cure the people and companies affected by the COVID-19 outbreak.
The Dow was also boosted by a survey by the US Institute of Supply Management (ISM) that the US services sector index rose to 57.8 in September from 56.9 in August and plus. Than analysts had forecast at the 56.0 level.
The US services sector index rebounded above the 57.3 level recorded in February, before the COVID-19 outbreak.
The index remains above 50, indicating an expansion in the services sector. It was driven by an increase in new orders. And employment
The ISM Service Sector Index consists of 17 industries, including real estate, transportation, construction, and mining.
At the same time, investors are watching the vision of the vice president of the United States. Between Mr. Mike Pence, Vice President of the United States. From the Republicans and Ms. Kamala Harris, Democratic Rep. In the October 7 debate.
