S&P/ASX 200 surges 2.24% as financial and energy stocks outperform

S&P/ASX 200 (INDEXASX:XJO) has surged by 2.24% to 5921 by 1.07 pm, more than making up for Friday's decline. The Aussie market had dropped by 1.4% on Friday and is coming off the back of its worst week since mid-April. Energy stocks, big miners and banks made strong gains today with BHP Group (ASX:BHP) rising 2%, Rio Tinto (ASX:RIO) up 1.7%, Commonwealth Bank (ASX:CBA) gaining 2.7% and National Australia Bank (ASX:NAB) up 4.4%. Trump appears healthy US President Donald Trump sparked an angry backlash from medical experts with a protocol-breaking visit on Sunday to his supporters outside the hospital where he is being treated for COVID-19. Trump also released a video this morning from inside the Walter Reed medical centre talking to camera without coughing or pausing for breath. pic.twitter.com/0Bm9W2u1x7 — Donald J. Trump (@realDonaldTrump) October 4, 2020 Top gainers Today’s top gainers on the ASX include Euro Manganese Inc (ASX:EMN) (+16.22%), FYI Resources Ltd (ASX:FYI) (+23.91%), Cape Lambert Resources Limited (ASX:CFE) (+33.33%), YPB Group Ltd (ASX:YPB) (+33.33%), Argonaut Resources NL (ASX:ARE) (+14.29%), Ioneer Ltd (ASX:INR) (+16.67%) and Brookside Energy Ltd (ASX:BRK) (+20.00%). Proactive news headlines: Black Rock Mining completes $2 million placement to support Tanzanian graphite objectives Black Rock Mining Ltd (ASX:BKT) has completed a placement of $2 million at 4.9 cents per share to support due diligence and associated costs for strategic objectives to progress the Mahenge Graphite Project in Tanzania. Marvel Gold has drilling underway to test major karst target at Lakanfla Gold Project in Mali Marvel Gold Ltd (ASX:MVL) has started a drilling campaign at Lakanfla Gold Project in western Mali aimed at proving the existence of a karst and identifying the potentially mineralised areas of the gravity lows. Brookside Energy moves closer to Mitchell Well restart with production equipment installed Brookside Energy Ltd (ASX:BRK) and Orion Project Joint Venture partner Stonehorse Energy Limited (ASX:SHE) have progressed plans to restore production in the recently acquired Mitchell 12-1 Well within Brookside’s Jewell Drilling Spacing Unit (DSU) at SWISH AOI in the southern part of the SCOOP Play in the US. Carnavale Resources strengthens gold portfolio with Ora Banda South acquisition Carnavale Resources Limited (ASX:CAV) has signed an exclusive and binding 24-month option agreement with Western Resources Pty Ltd to acquire 80% of the Ora Banda South Project, which covers around 25 square kilometres in the Yilgarn Craton of Western Australia. Legend Mining hits more nickel-copper sulphide as Mawson grows Legend Mining Limited (ASX:LEG) has intersected 26.25 metres of nickel-copper sulphide in a diamond hole at the Mawson discovery which further enhances the scale and potential of the Rockford Project on WA’s Fraser Range. Nexus Minerals scores high-grade gold in first drill assays from Wallbrook Gold Project Nexus Minerals Ltd (ASX:NXM) has received high-grade assay results from the first 20 of 40 reverse circulation (RC) holes drilled at the Templar prospect, within its Wallbrook Gold Project in WA's Eastern Goldfields. Northern Minerals makes $8.7 million R&D tax offset claim for FY20 Northern Minerals Ltd (ASX:NTU) has lodged a tax return and refundable Research and Development (R&D) tax offset claim for $8.7 million with the Australia Taxation Office (ATO) for the 2020 financial year.