U.S. Futures, European Stocks Drop Following Trump’s Covid-19 Diagnosis

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I am a breaking news reporter for Forbes in London, covering Europe and the U.S. Previously I was a news reporter for HuffPost UK, the Press Association and a night reporter at the Guardian. I studied Social Anthropology at the London School of Economics, where I was a writer and editor for one of the university’s global affairs magazines, the London Globalist. That led me to Goldsmiths, University of London, where I completed my M.A. in Journalism. Got a story? Get in touch at isabel.togoh@forbes.com, or follow me on Twitter @bissieness. I look forward to hearing from you.

U.S. equity futures and European stocks dropped on Friday morning after President Donald Trump announced that he and First Lady Melania TrumpU.S. President Donald Trump announced on Friday that he and First Lady Melania Trump tested positiveNasdaq 100 futures fell as much as 1.6% on Friday morning, while S&P 500 fell 1.3% and Dow futures were down 0.9%.

In Europe, stocks were down 1.3% on France’s CAC40, while London’s FTSE100 dropped 1%, as did the STOXX600 index of pan-European stocks.Trump’s announcement fuels the uncertainty around who will win the presidential poll, with just over a month to go until Election Day. The Trumps’ two-week self-isolation period, in which they will have to stay at home, takes the president’s campaign schedule out of action for at least half of the final stretch of the campaign, while the White House quickly“This does damage Trump’s ability to campaign and time is running out before the election. Whether it’s Trump or Biden, the biggest problem is uncertainty.

 

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TRUMP IS FAKING TO CHANGE THE NEWS CYCLE AND TO CANCEL REMAINING DEBATES, DONT GET DISTRACTED

It’s not like he does any governing.

President Trump is so important that NY STOCK, UK, Europe Stocks can drop because he has COVID-19.

May President Trump and the first lady get well soon. My family and I pray to my Bhagavan for their speedy recovery.

Corona is usually a 48 hour sickness. Trump tested positive few days back and has already recovered from it and will come out very soon in public. Most likely he got it in Duluth, MN but it does not matter as he recovered already. He is in quarantine just as precaution.

total SCAM U seriously believe this 'little boy who's cried wolf' a 1000x already? His plan: a) Gain sympathy from supporters 2 rally them 2 vote (like RGB & Dem's rally cry) b) Simply get light symptoms & again play down the severity of this disease Morning_Joe kasie📰

Corona is usually a 48 hour sickness. Trump tested positive few days back and has already recovered from it and will come out very soon in public. He is in quarantine just as precaution.

This should reduce uncertainty around the election. He can't campaign; proves beyond all doubt his mishandling of Covid; no one knows how bad his health might get... election should be a sure fire win for Biden, with no contested result. Markets will rally big time in a few days.

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