Doctors at Walter Reed National Military Medical Center are treating Trump with a steroid that is normally used only in the most severe cases. Still, White House Chief of Staff Mark Meadows said Trump’s medical team will weigh whether he can leave the hospital later in the day.
Ten of the 11 major S&P indexes were up, with energy <.SPNY>, the worst performing sector this year, rising 1.8%. Materials <.SPLRCM> and information technology <.SPLRCT> were also among the biggest gainers on the day.
Shares of Regeneron Pharmaceuticals Inc <REGN.O> jumped 7.1% 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 1.8%.