President and Mrs. Trump Test Positive for COVID and the Markets Respond

You are currently viewing President and Mrs. Trump Test Positive for COVID and the Markets Respond

From Barron’s

President Donald Trump announced that he has Covid-19—and the stock market is sliding.

Dow Jones Industrial Average futures have dropped 354 points, or 1.3%, while S&P 500 futures have fallen 1.4%, and Nasdaq Composite futures have slumped 1.9%. The 10-year Treasury yield has dipped 0.013 percentage points to 0.664%.

“Understandably, risk assets plummeted and haven assets were bid up,” writes The Mitchell Market Report’s Martin…

kevinprice

No articles on this site should be construed as the opinion of PriceofBusiness.com. Do your homework, get expert advice before following the advice on this or any other site.