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Algernon Moncrieff

(5,790 posts)
Fri Oct 2, 2020, 01:59 AM Oct 2020

Dow futures fall more than 400 points after Trump says he tested positive for coronavirus

Source: CNN Business

Hong Kong (CNN Business)US stock futures plunged Friday after President Donald Trump said that he and First Lady Melania Trump have tested positive for coronavirus.

Dow (INDU)futures were last down 439 points, or 1.6%. S&P 500 (SPX) futures were down 2% and Nasdaq (COMP) futures were down 1.8%.

Read more: https://www.cnn.com/2020/10/02/investing/global-stocks/index.html

16 replies = new reply since forum marked as read
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Dow futures fall more than 400 points after Trump says he tested positive for coronavirus (Original Post) Algernon Moncrieff Oct 2020 OP
Trump's stooges scare them i guess BootinUp Oct 2020 #1
Pence. Yes, there is something to be afraid of. nt JustABozoOnThisBus Oct 2020 #11
The stock market loves the guy. Frasier Balzov Oct 2020 #2
make that 500 points Eugene Oct 2020 #3
This is not a crisis TeamPooka Oct 2020 #4
He is lying, as usual. olddad65 Oct 2020 #5
It's not falling because the market likes Trump Dopers_Greed Oct 2020 #6
I'm surprised it didn't go up a few thousand points... diverdownjt Oct 2020 #7
Exactly what I said to my husband n/t Lulu KC Oct 2020 #14
Wall street banksters don't want to lose the goose that laid their $7 trillion golden egg. nt yaesu Oct 2020 #8
Expected Sherman A1 Oct 2020 #9
OH YEAH! Who has confidence in these 2 idiots running our White House, etc.? Illumination Oct 2020 #10
Yet when 1.6 million new filings for unemployment came out the DOW was up 200-300 points per day Bengus81 Oct 2020 #12
Tired of winning yet? orangecrush Oct 2020 #13
...and then shot up 300 points when Biden tested negative. lagomorph777 Oct 2020 #15
Kick ck4829 Oct 2020 #16

Frasier Balzov

(2,646 posts)
2. The stock market loves the guy.
Fri Oct 2, 2020, 02:08 AM
Oct 2020

When you get rid of consumer, environmental and worker protections, big business is a fan.

Dopers_Greed

(2,640 posts)
6. It's not falling because the market likes Trump
Fri Oct 2, 2020, 03:11 AM
Oct 2020

The market hates uncertainty.

The President catching a deadly virus is just that.

diverdownjt

(702 posts)
7. I'm surprised it didn't go up a few thousand points...
Fri Oct 2, 2020, 05:28 AM
Oct 2020

If the market hates uncertainty....this is a godsend.

Bengus81

(6,931 posts)
12. Yet when 1.6 million new filings for unemployment came out the DOW was up 200-300 points per day
Fri Oct 2, 2020, 09:17 AM
Oct 2020

But Trump getting the bug tanks it?? Wall St. crooks fear their Golden Goose going away?

lagomorph777

(30,613 posts)
15. ...and then shot up 300 points when Biden tested negative.
Fri Oct 2, 2020, 03:10 PM
Oct 2020

...which reveals what the market's real concern was.

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