US stock futures and the dollar ease after Trump’s release from hospital proves a short-lived boost

  • Date: 06-Oct-2020
  • Source: Business Insider
  • Sector:Financial Markets
  • Country:Gulf
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US stock futures and the dollar ease after Trump’s release from hospital proves a short-lived boost

U.S. President Donald Trump removes his mask upon return to the White House

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US stock futures pared gains, suggesting a more modest start on Wall Street later, after an initial lift from President Donald Trump's release from hospital lost steam.

Oil recouped all last week's losses, as a strike in Norway impacted output and Hurricane Delta threatened Gulf of Mexico crude production.

"We saw a rebound at the beginning of the week, when people started thinking maybe this was not so much of an issue, and now we're back to all of the question marks that were there before," IG market strategist Joshua Mahony said.

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US stock futures and the dollar pared gains on Tuesday, as the boost to investor risk appetite from US president