U.S. stock futures extend losses as Trump tests positive for COVID-19

WASHINGTON (Reuters) – 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 EScv1 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.

Trump earlier 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.

He later tweeted he and the first lady had tested positive: “We will begin our quarantine and recovery process immediately,” he said. [Read more]


[Ad] Great Mobile offer – Powered by the Optus network



Share this page