U.S. stock futures extend losses as Trump tests positive for COVID-19
U.S. stock futures extended losses on Friday after President Donald Trump said he and his wife had tested positive for the coronavirus, weeks ahead of elections. Futures for the S&P 500 slid 1.21% by early afternoon in Asia, while Treasury yields also fell. The U.S. dollar rose, particularly against the British pound, the Australian and New Zealand dollars in a sign of risk aversion.