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…
