U.S. Index Futures Fall as Trump Tests Positive for Covid-19

(Bloomberg) — U.S. equity index futures fell after President Donald Trump announced that he and First Lady Melania Trump had tested positive for Covid-19, sparking a pull-back in riskier assets and sending the VIX higher.December contracts on the S&P 500 Index were trading 1.2% lower as of 8:50 a.m. in London after falling as much as 2% earlier. Futures on the Dow Jones Industrial Average were down 1.3% and those on the Nasdaq 100 Index down 1.6%. The VIX Index rose to 28.91, but remained below levels seen last week.In a memo released early Friday morning in the U.S., Trump’s …read more

Source:: Yahoo Finance

      

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