(Reuters) - Wall Street's main indexes jumped on Monday, recovering from a sharp fall in the previous session as hints President Donald Trump could return to the White House and hopes of a new fiscal stimulus bill lifted sentiment.
Although Trump's medical condition remained unclear as he began a fourth day at the military hospital where he is being treated for COVID-19, his doctors have said he could be discharged as soon as Monday.
Ten of the 11 major S&P indexes were up, with energy (SPNY), the worst performing sector this year, rising 1.7%. Materials (SPLRCM) and financials (SPSY) were also among the biggest gainers in morning trading.
Shares of Regeneron Pharmaceuticals Inc (O:REGN) jumped 6.1% after Trump's physician said he had been treated with an intravenous dose of Regeneron's dual antibody treatment. The wider healthcare index (SPXHC) added 1.7%.