1. Futures mixed after strong rally on improving Trump health, hopes for stimulus
A person walks in front of the New York Stock Exchange (NYSE) in lower Manhattan on September 21, 2020 in New York City.
Spencer Platt | Getty Images
U.S. stock futures pointed to a mixed Tuesday open after Wall Street soared following President Donald Trump‘s afternoon tweet that he was leaving Walter Reed National Military Medical Center on Monday evening. He did indeed return to the White House to continue his Covid-19 treatment and recovery, easing concerns about more political uncertainty ahead of Election Day. Investors also bought stocks on hopes that Capitol Hill can come through with an additional coronavirus stimulus package. On Monday, the Dow Jones Industrial Average closed up 465 points or 1.7%, while the S&P 500 and Nasdaq rose 1.8% and 2.3%, respectively. Later Tuesday morning, Federal Reserve Chairman Jerome Powell speaks at the annual meeting of the National Association for Business Economics at 10 a.m. ET.
2. President still contagious and not fully ‘out of the woods,’ Trump’s physicians say
U.S. President Donald Trump wears a protective mask while boarding Marine One outside Walter Reed National Military Medical Center in Bethesda, Maryland, U.S., on Monday, Oct. 5, 2020.
Chris Kleponis | Polaris | Bloomberg | Getty Images
3. Trump poses for photos maskless after ‘Don’t be afraid of Covid’ tweet
US President Donald Trump looks out from the Truman Balcony upon his return to the White House from Walter Reed Medical Center, where he underwent treatment for Covid-19, in Washington, DC, on October 5, 2020.
Nicholas Kamm | AFP | Getty Images
The president walked out of Walter Reed to Marine One for the short flight to the White House on Monday evening. He then walked to the White House and up the stairs to the Truman Balcony for photos without a mask. Tweeting on Monday before leaving the hospital, Trump wrote, “Don’t be afraid of Covid” and “Don’t let it dominate your life.”
The president pointed to evolving treatments and greater knowledge of the virus as the reasons even with more than 210,000 Covid-19 deaths in the U.S. from nearly 7.5 million cases. Trump also tweeted he will be back on the campaign trail soon.
4. Biden says Trump responsible for getting Covid-19 due to his actions
Former Vice President Joe Biden speaks during a town hall with Lester Holt in Miami, Fla on Oct. 6th, 2020.
Joe Biden has been stepping up his in-person campaign events, planning a trip later this week to Arizona, which has not backed a Democratic presidential candidate since 1996. The former vice president on Monday made a second trip to Florida in a little over two weeks. During a Monday evening NBC News town hall in Miami, Biden said the president, through his general refusal to wear masks and disregard for social distancing, bears responsibility for becoming infected with Covid-19.
Biden is leading Trump by 8.5 percentage points in the RealClear Politics average of national polls. Biden is also ahead in several swing state surveys, including CNBC’s latest States of Play poll conducted over the weekend. In six major battleground states — Arizona, Florida, Michigan, North Carolina, Pennsylvania and Wisconsin — 50% of likely voters said they favored Biden. Forty-five percent of respondents favored Trump.
5. Pence campaigns before Wednesday’s VP debate against Harris
U.S. Vice President Mike Pence talks to the media before departing for travel to the vice presidential debate in Salt Lake City, Utah, at Joint Base Andrews, Maryland, October 5, 2020.
Erin Scott | Reuters
As Trump recovers from coronavirus, Vice President Mike Pence is taking a lead role in campaigning with 28 days until the Nov. 3 election. On Monday, Pence started a swing through key states to bolster the president’s chance for reelection. He will be in Utah on Wednesday for the first and only vice presidential debate against Biden running mate Sen. Kamala Harris. Because of coronavirus concerns, a Plexiglas barrier will separate Pence and Harris on stage. The debate commission also said the chairs for Pence and Harris would be positioned slightly more than 12 feet away from one another. Harris, like Biden and Pence, has tested negative for Covid-19.
— The Associated Press contributed to this report.