Friday, October 2, 2020

Dow Futures Plunge More Than 400 Points After President Trump Says He And The First Lady Tested Positive For The Covid-19 Coronavirus

CNBC: Dow futures plunge more than 400 points after Trump says he tested positive for coronavirus

Stock futures plunged in early morning trading on Friday after President Donald Trump said he tested positive for the coronavirus. 

Futures tied to the Dow Jones Industrial Average plummeted 435 points after earlier plunging more than 500 points. S&P 500 futures and Nasdaq 100 futures were also in negative territory. 

Meanwhile, the yield on the benchmark 10-year Treasury Note fell to 0.6627%. Yields move opposite prices. 

White House physician Sean Conley said in a memo, “The President and First Lady are both well at this time, and they plan to remain at home within the White House during their convalescence.” 

He also said he expects Trump to “continue carrying out his duties without disruption while recovering.” 

Read more .... 

WNU Editor: Here is an easy prediction. If President Trump's condition worsens, there is going to be a bloodbath in the markets.

5 comments:

Anonymous said...

As the President gets sick, the markets fall, but they hadn’t looking toward the election. Were they forecasting a Trump victory?

Andrew Jackson said...

Lots of people test positive . Its not a problem. My daughter test positive and she recently gave birth and everything is fine!

Anonymous said...

A 400 point fall. The markets were up and down more this summer (700, 800,...). So I am a little underwhelmed.

+1,000 to AJ post

Anonymous said...

I am hearing comments by some god awful stupid reporters. Hearing it on the top and bottom of the hours news breaks makes it worse than reading it.

You know many if not most reporters go to college. But after all the course work in their major and electives that are supposed to round them out, they act supremely stupid.

Some reporter asked or opined how how the most heavily guarded place on earth could Trump get COIVD?

You can thing of this in terms of a weighted graph. The people (or surfaces) are the vertices (nodes) and their interactions are the edges (lines connecting the nodes). U less those weights are zero, there is possibility for transmission.

Or they could have just sketched an affinity chart and did a thought experiment.

We could go Democrat and draw 6 foot circles around ourselves and wait 14 days or starvation/dehydration which ever comes first. That will stop COVID in its tracks.

Maybe people should learn about stable and unstable equilibriums. At least learn the concept. OR what natural pressure cause traits or genes to be conserved or highly conserved. Or learn gain of function and loss of function.

Suppose the lab in Wuhan was merely studying COVID and it escaped or that it was a bio weapon escaped or purposefully released.

Now that it is out in the wild what pressure is causing its virility to be highly conserved? CAN YOU FUCKING POINT TO ONE, YOU IMBECILES?!


copley7 said...

and look at that, the markets up!