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Stock futures, oil prices plunge after Trump
tests positive for coronavirus

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Posted By: Imright, 10/2/2020 4:55:29 AM

U.S. stock futures and Asian shares fell Friday after President Donald Trump said he and first lady Melania Trump had tested positive for the new coronavirus.The future contracts for both the S&P 500 and the Dow industrials lost 1.9%. Oil prices also slipped.Trump tweeted news of his test results just hours after the White House announced that senior aide Hope Hicks had come down with the virus after traveling with the president several times this week.“To say this potentially could be a big deal is an understatement,” Rabobank said in a commentary. “Anyway, everything now takes a backseat to the latest incredible twist in this US election campaign.”

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Reply 1 - Posted by: DCGIRL 10/2/2020 4:57:35 AM (No. 559271)
Who hasn't tested positive for the damn virus. Either the tests are flawed or the virus is a nothing burger.
50 people like this.

Reply 2 - Posted by: Catherine 10/2/2020 4:58:46 AM (No. 559273)
Millions will test positive and never get sick. And if you do get sick, your recovery chances are 99%.
63 people like this.

Reply 3 - Posted by: jar 10/2/2020 6:17:26 AM (No. 559307)
This could be a blessing in disguise ... proving the virus is a big overstated plot. If Trump is asymptomatic and continues forging ahead, it will certainly throw a wrench in the media's overblowing the COVID threat.
55 people like this.

Reply 4 - Posted by: lana720 10/2/2020 6:30:28 AM (No. 559314)
The market is so squishy. It’s like liberals. The least little thing gives them tremors. America with President Trump in office, and reportedly ill, is still a great day! God bless you and sail through this. My Mom would have told you to have lots of garlic and drink water. HCQ, is what you should be on, too.
41 people like this.

Reply 5 - Posted by: Rumblehog 10/2/2020 6:49:25 AM (No. 559323)
Proving that the miracle that is President Donald Trump is what is driving our improving economy!
41 people like this.

Reply 6 - Posted by: JackBurton 10/2/2020 6:49:43 AM (No. 559324)
Gee. Business people like Trump and are worried if something happens to him. What could that mean?
25 people like this.

Reply 7 - Posted by: Sorosisbehindit 10/2/2020 7:07:28 AM (No. 559341)
Thankfully his doctor is smart enough to use the early treatment: Hydroxychloroquine 200mg. 3 X daily for 10 days Azithromycin 500 mg. 1 X daily for 5 days Zinc sulfate 220 mg. 2 X daily for 10 days Vitamin C 5000 mg. 3 X daily for 10 days BUDESONIDE inhaler if needed But the doctors here in Louisiana tell the rest of us to stay at home and go to the ER if we have trouble breathing!
31 people like this.

Reply 8 - Posted by: udanja99 10/2/2020 7:24:33 AM (No. 559361)
Proof also that Wall Street does NOT want a Biden presidency. They understand the damage that his policies would inflict on our and the world’s economies. God bless and heal President and Melania Trump.
52 people like this.

Reply 9 - Posted by: jinx 10/2/2020 7:42:59 AM (No. 559389)
It will be a buying opportunity for many. Pres. Trump will recover and the left will have another hissy fit. They are so predictable. They show no signs of compassion. Why would anyone want them to ruin, oops, sorry, RUN the country!
25 people like this.

Reply 10 - Posted by: msjena 10/2/2020 7:56:13 AM (No. 559407)
You can't look at the market from a day to day basis. Whether Trump has the coronavirus has nothing, ultimately, to do with the value of the companies that are on the stock exchanges. You have to look at markets over the long term.
13 people like this.

Reply 11 - Posted by: Dodge Boy 10/2/2020 8:00:16 AM (No. 559414)
So, America's lefties, now that this news is out there, this shot across the bow would hopefully wake up the rest of you who think Bite Me is good for business and is good for America. As for the msm, entertainment, the globalists, and deep state, not holding my breath.
15 people like this.

Reply 12 - Posted by: gop_guys 10/2/2020 8:12:03 AM (No. 559427)
What 7 said in spades. Louie Gohmert and his doctor decided on the same treatment! Pretty sure he said he was back to normal after 5 days.
16 people like this.

Reply 13 - Posted by: cobieone 10/2/2020 8:26:29 AM (No. 559444)
Article says this is shocking news??? There is nothing shocking about it. It's a virus. Virus' do what they do, trying to infect as many hosts as possible. Herd immunity has set in and there is nothing shocking about catching this virus. Most who are infected will never feel any symptoms at all, others will be sick and recover. At any given time, you could test positive for any number of virus' and never feel any symptoms. By the way, have they tested Biden?
17 people like this.

Reply 14 - Posted by: weejun 10/2/2020 8:35:32 AM (No. 559451)
#13, If Biden did test positive, the dems and their evil press minions - AKA enemies of the American people - would claim he got it from Trump.
14 people like this.

Reply 15 - Posted by: Zumkopf 10/2/2020 9:26:00 AM (No. 559495)
#8, and yet Wall Street keeps pumping billions into Biden's campaign. Makes you wonder what the hell is wrong with them. Maybe it's like college donations. They're sick of the way their schools have been despoiled by the Left, and yet keep writing them large checks. Probably so their offspring get that leg up for admission. The billions to Biden are the price of admission to the right cocktail parties. Or maybe they think it will save them if the Bolsheviks take power. Clearly history was not what they studied in college.
10 people like this.

Reply 16 - Posted by: kennedylaw 10/2/2020 9:28:22 AM (No. 559499)
A preview of what will happen to the financial markets if Biden wins.
13 people like this.

Reply 17 - Posted by: Zigrid 10/2/2020 10:37:47 AM (No. 559562)
My Mama would always say...."take one day at a time"....with God's help WE will survive this October surprise....our president is a very healthy man... he will overcome this latest obstacle....it is in God's hands...
8 people like this.

Reply 18 - Posted by: cor-vet 10/2/2020 11:34:15 AM (No. 559638)
Groppy claims he and wonder man are responsible for the great economy, so the President testing positive shouldn't affect the economy at all.
2 people like this.

Reply 19 - Posted by: john56 10/2/2020 11:51:45 AM (No. 559656)
The big Wall Street folks want Biden to win. They think they'll be rolling in more dough under the business as usual of the deep state cabal with Joe. They figure Joe and even Horizontal Harris can play the game of the far left but allow them to enrich themselves at our expense. Maybe so, but they're betting the far left will come for them last. So far, they've won this game. I suspect Pres and Mrs Trump will be tested repeatedly for the virus. Tests can be wrong. My son, a healthy 18 year old, started work at a restaurant in early June as a summer job. Two days later, the resturant temporarily closed due to an employee coming down with the virus and two days later, all employees including my son were tested. He tested positive for the antibodies and went on 10 day quarantine. He was asymptomatic throughout the entire time (even helped lay sod throughout our lot) and at the end of the 10 days, he went to a local clinic (not the original test site) for a follow-up blood test. He not only tested negative, he was negative (never had) for the antibodies. I hope Pres Trump plans a number of closed circuit rallies if his health allows it. Let's hire out a bunch of drive in theaters and such for the events!
4 people like this.

Reply 20 - Posted by: DVC 10/2/2020 12:16:22 PM (No. 559689)
#2, in his age range, in my county's data (which may not be perfect, but is taken from over 600,000 people) just under 6% of the people who they report have had the disease are reported as dying. So, that seems to be a 94% survival rate. I think the President is healthy, no underlying health issues, so he should do well. The First Lady is younger, has an even rosier outlook, most likely. In the 70-79 age range, under 10% were hospitalized, the remaining 90% treated as outpatients - which implies that the were not very sick at all. The time the President was exposed, several months ago, he went on HCQ right away. He has probably already started on it again. That treatment is most effective when started early, so I think it will help lower the odds of serious consequences get even to better than the 94% survival - those people were likely never given HCQ at all, sad to say, due to the hysterical falsehoods put out by Fauci and company.
7 people like this.

Reply 21 - Posted by: crashnburn 10/2/2020 3:01:32 PM (No. 559843)
I saw on Tucker Carlson a few weeks ago where a Dr. said about 50% of the US was already infected. Previously, it has been found that 80% of those infected are asymptomatic. President Trump is older, and a bit overweight. Both of those count against him; however, he'll get the best care in the world. If you have antibodies, you cannot get the Covid-19 flu again. Finally, any mask less than N95 is worthless, according to the CDC.
2 people like this.

Reply 22 - Posted by: Omen55 10/2/2020 3:08:59 PM (No. 559853)
One word. BUY!!!
1 person likes this.

Reply 23 - Posted by: Lawsy0 10/2/2020 9:25:48 PM (No. 560192)
The Associated Press was almost gleeful in the assessment. That's the AP for you. While listening to Rush today, I didn't know who to comfort more Rush or myself. Then I remembered that Donald Trump was a gift to the USA from Almighty God who does not owe us such mercy, but by his Hand, he gives it.
2 people like this.

Reply 24 - Posted by: A.I. 10/2/2020 11:21:26 PM (No. 560256)
A culture that has no qualm terminating an innocent life inside a mother's womb will have no regard for the life of this President.
0 people like this.

Reply 25 - Posted by: GoodDeal 10/2/2020 11:43:01 PM (No. 560266)
If the market reacts like this because Trump caught the virus just imagine what would happen if Biden wins. Unimaginable...
0 people like this.

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