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US futures and global markets rattled after Trump tests positive for coronavirus

M

Mary Wilson

Well-known member
By Laura He and Jill Disis, CNN Business

Updated 6:38 AM ET, Fri October 2, 2020

Hong Kong (CNN Business) - Global markets and US stock futures were roiled on Friday by news that President Donald Trump and First Lady Melania Trump have tested positive for coronavirus.

Dow (INDU)futures were down 445 points, or 1.6%, roughly matching their initial move lower after Trump tweeted his condition. S&P 500 (SPX) futures were down 1.7% and Nasdaq (COMP) futures were down 2.3%. The diagnosis is a destabilizing moment that raises questions about the election campaign and the US administration.

https://www.cnn.com/2020/10/02/investing/global-stocks/index.html
 
Oil selloff intensifies after Trump confirms coronavirus diagnosis

Last Updated: Oct. 2, 2020 at 10:11 a.m. ET
First Published: Oct. 2, 2020 at 6:05 a.m. ET

By Myra P. Saefong, and Barbara Kollmeyer

Oil prices were hit by a double whammy on Friday, with news that President Donald Trump said he has contracted coronavirus adding to the industry’s concerns about rising worldwide cases of the disease which may dent demand for the commodity.

https://www.marketwatch.com/amp/sto...mp-confirms-coronavirus-diagnosis-11601633152
 
This minute in time - Oil and Nasdaq down, DOW even, Russell 2000 up slightly:

DOW at 27,816.27
S&P 500 at 3,364,42
Nasdaq at 11,129,98
Gold at 1,906.70
Oil at 37,38
Russell 2000 at 1,542.15
 
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