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Wall Street was set for a heavy tumble on Friday as news that U.S. President Donald Trump and his wife had tested positive for coronavirus just four weeks before U.S. elections sent investors into safer gold, Treasuries and the yen. Europe's main bourses were down 0.5%, having clawed back some of their starker morning falls, but oil was down nearly 5% and futures markets were pointing to 1.57 to 2.3% losses for Wall Street's S&P 500, Dow and Nasdaq. Trump said on Twitter he and his wife had been tested positive for coronavirus: "We will begin our quarantine and recovery process immediately," he said in a late night tweet, adding one of his chief aides had contracted the virus too....
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....
Wall Street was set for a heavy tumble on Friday as news that U.S. President Donald Trump and his wife had tested positive for coronavirus just four weeks before U.S. elections sent investors into safer gold, Treasuries and the yen. Europe's main bourses were down 0.5%, having clawed back some of their starker morning falls, but the futures markets were pointing to 1.5% to 2% losses for Wall Street's S&P 500 and Nasdaq. Trump said on Twitter he and his wife had been tested positive for coronavirus: "We will begin our quarantine and recovery process immediately," he said in a late night tweet, adding one of his chief aides had contracted the virus too....
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 isolate, weeks ahead of the elections. Shortly before 0500 GMT, Trump said on Twitter that he and his wife had been tested for coronavirus after Hope Hicks, a senior advisor who recently traveled with the president, tested positive. U.S. stock futures fell on the news and Treasury yields dipped....
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. Shortly before 0500 GMT, Trump said on Twitter that he and his wife had been tested for coronavirus after Hope Hicks, a senior advisor who recently traveled with the president, tested positive. S&P 500 futures -- which fell sharply on Trump's tweet -- stabilised somewhat and were down 1.4% at 0931 GMT ....
