Global Market Falls After Donald Trump Tests COVID-19 Positive

01:12 PM Oct 02, 2020 | G Plus News

The global market plummeted after US President Donald Trump tested COVID-19 positive along with his wife Melania Trump. 


Following their test results, equity markets came under pressure and volatility expectations rose in the United States (US). 


In Asia, futures for the S&P 500 slid 1.21% by early afternoon, while Treasury yields also fell.


Meanwhile, in European stock, benchmarks fell on Friday. The region-wide Stoxx 600 had lost 0.5 percent of its value by lunchtime.


Trump was tested positive days after he openly said that he doesn't wear masks all the time during a Presidential debate against Joe Biden.