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Trump May Be Discharged From Walter Reed Medical Center on Monday, Doctor Says

Oct.04 — Johns Hopkins’ Dr. Brian Garibaldi, who is on President Donald Trump’s medical team, said that “our hope is that we can plan for a discharge as early as tomorrow to the White House.” He spoke to reporters outside Walter Reed National Military Medical Center on Sunday. …read more […]

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Traders Brace for a Jolt With Trump’s Health, Stimulus in Focus

(Bloomberg) — Markets face the prospect of additional turmoil this week after Donald Trump’s hospitalization for coronavirus late Friday raised concerns over the U.S. president’s health and further roiled a Washington political landscape already riven by battles over fiscal stimulus and the Supreme Court.Foreign-exchange traders in the Asia-Pacific region will be the first to react Monday, with attention focused on the prospect of renewed gains by havens such as the Japanese yen and additional declines in riskier currencies like the Australian dollar.Market volatility jumped Friday as financial markets initially reacted to news of Trump’s diagnosis in a risk-averse manner. U.S. …read more […]

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President Trump Could Be Discharged ‘As Early as Tomorrow,’ Doctors Say

Dr. Sean Conley and the team of doctors caring for President Trump at Walter Reed provided details about two episodes in which the President required oxygen, but said he continues to improve and could be discharged back to the White House as early as Monday. Photo: Jacquelyn Martin/AP …read more […]

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Goldman Sachs Says Election Fears Are Overblown; Suggests 2 Stocks to Consider

November 3 is just around the corner, and Wall Street’s gaze has locked in on the race to the White House. Biden currently leads in the polls, but it’s still anyone’s race. Now, with President Trump’s COVID-19-related hospitalization rocking the last leg of the 2020 presidential election campaign, and Senate control also up for grabs, fears regarding a divided government are circling the Street. That said, this might not be such a bad thing, if you ask Goldman Sachs. “A divided government scenario would lead to a smaller change in interest rates and a reduction in political uncertainty,” the …read more […]

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SMIC has had 'preliminary exchanges' with U.S. over export restrictions

Chinese chipmaker Semiconductor Manufacturing International Corporation has undertaken “preliminary exchanges” with the U.S. Bureau of Industry and Security regarding export restrictions, the company said on Sunday in a filing. “The Company is conducting assessments on the relevant impact of such export restrictions on the company’s production and operation activities,” the filing to the Hong Kong Stock Exchange said. SMIC also said it has been operating in compliance with the relevant laws and regulations of all jurisdictions where it performs its businesses. …read more […]