Financial markets are expected to be highly sensitive to the progress of US President Donald Trump’s coronavirus infection in the run up to the November 3 election, analysts say [File: Kiyoshi Ota/Bloomberg]

US President Donald Trump’s controversial drive-by to greet supporters outside the hospital where he is receiving treatment for the coronavirus, and an upbeat assessment by his doctors, have given financial markets a boost on Monday.

But analysts warned that the president’s health could be a source of heightened volatility in markets in the coming days as the November 3 US presidential election draws nearer.

US stocks appeared to be headed for a higher open, with benchmark S&P 500 Index futures up 0.66 percent and Nasdaq index futures rising by 0.96 percent

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