US STOCKS-Wall St set to jump on stimulus hopes, hints of Trump hospital discharge

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* Doctors say Trump could be discharged on Monday
* Regeneron jumps as Trump takes dose of its dual antibody
* MyoKardia surges on takeover deal with Bristol-Myers
* Futures up: Dow 0.75%, S&P 0.64%, Nasdaq 0.72%

(Adds comments; updates prices)
By Devik Jain
Oct 5 (Reuters) - Wall Street was set to jump at the open on
Monday as doctors said President Donald Trump could be
discharged from the hospital where he is being treated for
COVID-19, while hopes of a new fiscal stimulus bill also lifted
sentiment.
Sequestered at Walter Reed National Military Medical Center
outside Washington since Friday, Trump has released a series of
videos in an effort to reassure the public that he is
recovering, although his condition remains unclear and outside
experts warn that his case may be severe. Shares of Regeneron Pharmaceuticals Inc REGN.O jumped 5.9%
after Trump's physician said he had been treated with an
intravenous dose of Regeneron's dual antibody treatment.
"One of his treatments was an experimental drug from
Regeneron (and) that's showing that this could be a major
component to treatments moving forward for people," said Thomas
Hayes, chairman at Great Hill Capital LLC in New York.
Wall Street's main indexes sold off sharply on Friday after
Trump's announcement that he had contracted the disease added to
political uncertainty just a month away from voting in the
presidential election.
Feeding the improved tone on Monday were comments from House
Speaker Nancy Pelosi, who said on Sunday that progress was being
made in talks with Treasury Secretary Steven Mnuchin on a new
bipartisan package of coronavirus relief measures. "This is not yet priced into markets (and) if new convincing
fiscal measures are announced this week, expect to see a further
rally in risk assets," said Hussein Sayed, market strategist at
FXTM.
At 8:36 a.m. ET, Dow e-minis 1YMcv1 were up 207 points, or
0.75%, S&P 500 e-minis EScv1 were up 21.25 points, or 0.64%,
and Nasdaq 100 e-minis NQcv1 were up 81.25 points, or 0.72%.
Doubts about the scale of further fiscal aid and a slowing
economic recovery have weighed on the S&P 500 recently, with the
benchmark index in September logging its worst month since the
coronavirus-driven crash earlier this year.
A Reuters/Ipsos poll on Sunday showed Trump's rival, Joe
Biden, opening his widest lead in a month in the presidential
race, with a majority of Americans thinking Trump could have
avoided infection if he had taken the virus more seriously.
Investors say a Biden victory and an accompanying higher
capital gains tax could spark a round of profit-taking in
sectors such as technology. Heavyweight tech-related stocks including Apple Inc
AAPL.O , Nvidia Corp NVDA.O , Netflix Inc NFLX.O , Amazon.com
Inc AMZN.O and Microsoft Corp MSFT.O were up about a percent
in premarket trading after weighing heavily on the Nasdaq
.IXIC on Friday.
Focus later in the day will be on a reading of the services
sector, which accounts for more than two-thirds of the U.S.
economy, after data last week showed activity in the
manufacturing sector slowed unexpectedly in September.
AT&T Inc T.N dipped 0.5% after KeyBanc downgraded the
wireless carrier to "underweight" on declining wireless
business. MyoKardia Inc MYOK.O surged 58.2% after Bristol-Myers
Squibb Co BMY.N said it would buy the company for about $13
billion. Shares of Bristol-Myers slipped 0.7%.