Friday morning trading saw stock futures fall after President Donald and Melania Trump tested positive for coronavirus. Mike Pence and the second lady of the US tested negative.
Dow Jones Industrial Average linked futures plummeted by 379 points earlier falling by 500 points. S&P 500 and Nasdaq 100 futures also turned negative. Yield on 10-year Treasury note benchmark fell to 0.6627%.
Tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this TOGETHER!
— Donald J. Trump (@realDonaldTrump) October 2, 2020
- Dow Jones Industrial Average linked futures plummeted by 379 points earlier falling by 500 points. S&P 500 and Nasdaq 100 futures also turned negative. Yield on 10-year Treasury note benchmark fell to 0.6627%.
- Gold reaches positive territory as a hedge.
Stocks were trending higher before Friday’s announcement. Now SPY is down 2%, DIA is down 0.23%, QQQ: NASDAQ is down 1.59%
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