Stock futures plunge after President Trump confirms he has coronavirus – By Ken Martin (FOX Business) / Oct 2 2020
U.S. equity futures are off their worst levels since the initial announcement
U.S. equity futures plunged by more than 1.6%, or 500 Dow points after President Trump confirmed through a tweet that he and the first lady tested positive for coronavirus.
At 6:00 AM eastern time, Dow futures are down 1.6%, or 440 points.
The S&P 500 is down 1.7%, or 58 points. The Nasdaq is declining by 2.3%, or 260 points.
The Dow Industrials had only been down 50 points before the announcement.
“Tonight, @FLOTUS and I tested positive for COVID-19,” the president wrote. “We will begin our quarantine and recovery process immediately. We will get through this TOGETHER!”
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
Continue to article: https://www.foxbusiness.com/markets/stock-futures-plunge-after-president-trump-confirms-he-has-coronavirus
