News Formal

Stocks slide after Trump diagnosed with coronavirus

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 66%

United States News News

United States United States Latest News,United States United States Headlines

A wave of risk aversion swept markets on Friday after U.S. President Donald Trump said he and his wife had tested positive for COVID-19 and will ...

LONDON: Stocks sold off and investors quit riskier assets on Friday after U.S. President Donald Trump said he and his wife had tested positive for the coronavirus and would isolate, four weeks before U.S. elections.Advertisement

He later tweeted he and the first lady had tested positive:"We will begin our quarantine and recovery process immediately," he said. How long the risk-averse moves will last depends on the extent of the infection within the White House, said Francois Savary, chief investment officer at Swiss wealth manager Prime Partners.

Graphic: Trump tests positive for COVID-19, US stock futures fall - https://fingfx.thomsonreuters.com/gfx/buzz/gjnvwjzkopw/trumpper cent20covid.png)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Europe: Stocks slide after Trump tests positive for Covid-19[BENGALURU] European stocks slid on Friday after US president Donald Trump tested positive for Covid-19, hitting equity markets globally. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

US futures, Asia stocks slip as Trump tests positive for COVID-19HONG KONG: US futures and most Asian equities sank on Friday (Oct 2) after Donald Trump announced he and his wife had tested positive for coronavirus.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Japan stocks trade halted due to technical glitch; Nikkei futures riseJapanese shares remained suspended at midday break on Thursday after the Tokyo Stock Exchange (TSE) earlier halted trading in all stocks citing ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US stocks gain amid stimulus talksNEW YORK (AFP) - Wall Street stocks finished higher on Wednesday (Sept 30) following solid economic data as investors monitored congressional economic stimulus talks and digested the first presidential debate.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »