U.S. and European equities fell on Friday after US President Donald Trump announced that he and First Lady Melania Trump had tested positive for the coronavirus.
The Dow Jones Industrial Average fell more than 200 points in early trading, while the S&P 500 futures and Nasdaq 100 futures were also in negative territory.
Meanwhile, yields on the benchmark ten-year Treasury note fell 0.6709 percent.
European markets opened lower by more than one per cent and regained some territory the next day.
Tonight, LFLOTUS And I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We get this amount!
– Donald J. Trump (realDonaldTrump) October 2, 2020
“Tonight, LFLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this together, ” Trump wrote on Twitter.
White House doctor Dr. Sean Conley said in a memo, “The president and first lady are fine at the moment, and they plan to stay home inside the White House during recovery.”
He said he expects Trump “Continue his duties without interruption while recovering.”
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