Trump Illness Exposes Underlying Market Tension

(Bloomberg Opinion) — Losses in the main U.S. stock indexes on Friday will go down in history simply as small ones in an otherwise choppy week. But assessed in more detail, they provide a remarkable example of the intense tug-of-war that now grips markets and will most likely persist, if not intensify, in the weeks ahead.Two news developments dominated the run-up to the U.S. market open on Friday.First and foremost was the middle-of-the-night tweet from President Donald Trump confirming that he and his wife had tested positive for Covid-19. The immediate reaction in the futures market included an indication of …read more

Source:: Yahoo Finance

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