Dow futures plunge after President Trump tests positive for COVID-19

Stock futures plunged in early morning trading on Friday after President Donald Trump and First Lady Melania Trump tested positive for COVID-19.

U.S. President Donald Trump
U.S. President Donald Trump

Pippa Stevens and Eustance Huang for CNBC:

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

On Friday investors will get a read on the state of the ongoing economic recovery when September’s jobs report is released at 8:30 a.m. ET. The final jobs report ahead of the election is expected to show a slowdown from August’s levels. Economists surveyed by Dow Jones are expecting 800,000 nonfarm payrolls added, down from 1.37 million in August.

MacDailyNews Note: President Trump announced the news that he and First Lady Melania Trump has tested positive for COVID-19 via Twitter:

68 Comments

    1. The President, and any number of posters here, have been assuring us since January that the virus is no big deal. If that was not true, it would obviously have been irresponsible to hold potential superspreader campaign events. Don’t the markets believe our President?

        1. I thought essentially the same thing (he’d be pleasured) before I logged-in.
          As well, I suspected he’d be a “told-you-so” kind of person.

          Check & check.

      1. NO, NO, NO!!!

        The president has been cheerleading for all of us during the virus to take precautions, social distance, wear a mask, and hang together and this too shall pass.

        Amazing you have ZERO EMPATHY for the president and his wife and not one word of get well soon, SPEAKS VOLUMES!!!

        Not surprising from a Democrat political troll that HATES the president you are lowest level of political SCUM.

        “superspreader campaign events” Post proof the president contracted the virus during a campaign event. Also post proof the protests in several cities are NOT “superspreader” events Mr. HYPOCISY!

        You are a Democrat operative and spreading LIES and OPINIONS daily to denigrate our great president and my patience has worn thin reading your daily attacks on a great man as bad as CNN and the rest of the liberal media.

        In short, go F*CK YOURSELF!!!

        1. Relax GoeB, stop foaming at the mouth. No one really wants him and Melanie to get dangerously ill. However, anyone who is aware of his lack of respect for this virus and contempt for the ways in which his scientists pleaded with him to control cannot help to say the big…’I told you so’.
          I am laughing more at you criticizing everyone for lack empathy….you are such a childish joke.

        2. trump is a criminal and a con man who has distorted the virus for political purposes, day after day, resulting in countless unnecessary deaths.

          he is a con man. not a democrat, not a republican, a con man, and you have been conned.

        3. It is both amusing and distressing all at the same time to view the contorted thoughts of the liberal left expressing their thoughts on the current events happening around us at this time and place in history.

          God help us!

        4. As the Trump travesty unravels, I’ve noticed you getting more and more hysterical. Your plea for “EMPATHY” is so hypocritical and pathetic, considering how much empathy your dear leader has previously shown for … well, anyone, actually. He takes but never gives. Let’s show Trump and his family the same degree of respect and empathy he showed … oh, the McCain family, as just one example.

      2. That’s because it is no big deal for those without significant comorbidities which include influenza, pneumonia, respiratory issues such as severe asthma and COPD, hypertension, diabetes, and significant cardiac issues.

        Only 6% of the people who have been so far tagged as having died from COVID-19 actually died of COVID-19. – CDC

        6% of 208,000 is 12,480. Let that sink in.

        12,480. The 2019-2020 flu caused an estimated 24,000 – 62,000 deaths.

        When the President and First Lady emerge after a case of the sniffles, the spotlight will be on Democrats who’ve wrecked their cities’ and states’ economies and millions of working people’s lives and finances, likely forever, with endless, stupid lockdowns over what amounts to nothing for the vast majority of people.

        You quarantine the vulnerable and the sick, not the healthy.

        As for masks:

        We’re asking everybody that, when you are not able to socially distance, wear a mask. Whether you like the mask or not, they have an impact, they have an effect, and we need everything we can get.

        We’re instead asking Americans to use masks, socially distance, and employ vigorous hygiene — wash your hands every chance you get — while sheltering high-risk populations. We are imploring young Americans to avoid packed bars and other crowded indoor gatherings. Be safe and be smart.

        If you can, use the mask. When you can, use the mask. If you’re close to each other, if you’re in a group, I would put it on. When I’m in a group — if I’m in an elevator and there are other people with me, including, like, security people, it’s not their fault. They have to be in the elevator; I want to protect them also. I put on a mask.

        I have no problem with the masks. I view it this way, anything that potentially can help … is a good thing. I have no problem. I carry it. I wear it. You saw me wearing it a number of times and I’ll continue.

        Now, we have experts that have said, in the recent past, that masks aren’t necessarily good to wear. You know that. But now they’ve changed their mind. If they change their mind, that’s good enough for me. So I wear it when appropriate.President Donald Trump, July 21, 2020

        1. Sure, here you go:

          That’s because it is no big deal for those without significant comorbidities which include influenza, pneumonia, respiratory issues such as severe asthma and COPD, hypertension, diabetes, and significant cardiac issues.

          Only 6% of the people who have been so far tagged as having died from COVID-19 actually died of COVID-19. – CDC

          6% of 208,000 is 12,480. Let that sink in.

          12,480. The 2019-2020 flu caused an estimated 24,000 – 62,000 deaths.

          When the President and First Lady emerge after a case of the sniffles, the spotlight will be on Democrats who’ve wrecked their cities’ and states’ economies and millions of working people’s lives and finances, likely forever, with endless, stupid lockdowns over what amounts to nothing for the vast majority of people.

          You quarantine the vulnerable and the sick, not the healthy.

        2. You’ve got it, buddy:

          🌶🌶🌶
          That’s because it is no big deal for those without significant comorbidities.

          Only 6% of the people who have been so far tagged as having died from COVID-19 actually died of COVID-19. – CDC

          6% of 208,000 is 12,480! The 2019-2020 flu caused an estimated 24,000 – 62,000 deaths.

          When the President and First Lady emerge after a case of the sniffles, the spotlight will be on DEMOCRATS WHO’VE WRECKED THEIR CITIES’ AND STATES’ ECONOMIES AND MILLIONS OF WORKING PEOPLE’S LIVES AND FINANCES, LIKELY FOREVER, WITH ENDLESS, STUPID LOCKDOWNS over what amounts to NOTHING for the vast majority of people.

          You quarantine the vulnerable and the sick, not the healthy!
          🌶🌶🌶

        3. A statement (like “the CDC says that only 6% of the reported COVID-19 deaths actually died of COVID-19”) that was a lie the first time does not become any more true when you repeat it three times. If listed comorbidities refuted the listed cause of death on a death certificate, hardly anybody would ever die of anything. For example, nobody would ever die of an HIV infection because the immediate cause of death is always a complication. Murderers could shoot fat people with impunity because the autopsy always mentions obesity among its findings.

        4. Uhm, you know Trump is hypertensive, that’s why he’s on blood pressure meds. You forgot to mention he’s obese, that raises his risk. Also, he’s likely to have a higher percentage of neanderthal DNA, given his germanic roots, which has been shown to also raise one’s risk. Trump needs to be very carefully monitored, because he’s high-risk.

        5. Sorry, I misspoke, he’s not hypertensive, but has high cholesterol. Either way, it means he’s high risk, and it shouldn’t be dismissed as “no big deal”.

          Now, we find he’s been transported to the hospital for an overnight stay. I guess it’s still “no big deal”.

    2. How else to describe this administration.
      Not only does Trump hold a fundraiser – maskless, surrounded by the cult – maskless, handshake with ticket winner – maskless, having had close contact with Hicks and KNOWING her positive result, he has now put the entire Biden clan at risk with his 145_interruptions_debate where Trumps clan didn’t wear masks for the debate whereas Biden’s clan wore masks the whole time.
      OMFG

      1. If Biden gets it, he might be in trouble. He’s a feeble old man.

        Perhaps that’s the Dem’s grand plan to get their trojan horse socialist candidate Harris in there. I can hear them now:

        Make it look like he got it from Trump. Therefore “Trump killed him.” That’s how we’ll get Kamala in there to start “remaking” the country.

        It’d be very easy to slip Biden some COVID now, let nature take its course, and blame it on Trump.

  1. Why should we believe him? If he doesn’t trust the science, why should he trust the test? This is just fake news so he can weasel out of the next “debate,” which involves actual citizens in a town hall-style meeting.

      1. Of course they could, but Trump so botched the first one, he needs an “out.” This is it. He’s got phoney kung fluey! After the debate dates have passed, he’ll take some hydroxychloroquine, drink some bleach, and, “like a miracle, it will disappear.” Don’t worry, he has “tremendous control over” it.

        1. President Trump won the first debate by a large margin. I explain why here and here.

          But, you’re right, when the President and First Lady emerge after a case of the sniffles, the spotlight will be on Democrats who’ve wrecked their cities’ and states’ economies and millions of working people’s lives and finances, likely forever, with endless, stupid lockdowns over what amounts to nothing for the vast majority of people.

          You quarantine the vulnerable and the sick, not the healthy.

        2. “You quarantine the vulnerable and the sick, not the healthy.”

          Ummmmm… hmmmmm… uhhhhh… Trump just went into quarantine… so you just called Trump vulnerable and sick. He does have three “significant comorbidities” so I guess that makes sense.

        3. Trump and the first lady have tested positive, so they are self isolating in responsible fashion. You do not understand “significant comorbidities” because Trump doesn’t have them.

          When the President and First Lady emerge after a case of the sniffles, the spotlight will be on Democrats who’ve wrecked their cities’ and states’ economies and millions of working people’s lives and finances, likely forever, with endless, stupid lockdowns over what amounts to nothing for the vast majority of people.

        4. Uhhhhhh… Trump literally tweeted “We will begin our quarantine” and you said “quarantine the vulnerable and the sick”. I’m just agreeing with you. Trump is vulnerable and sick.

        5. @Fist Them

          “When the President and First Lady emerge after a case of the sniffles”

          Yeah, cuz you’re taken to the hospital where you’re given an experimental antibody treatment when you have “the sniffles”. Wake up! Trump’s numerous weaknesses put him at high risk and he’s obviously having much more trouble than “the sniffles”.

    1. My thoughts exactly. The commission wanted to change the debate structure and he didn’t want it. Even liberal doses of chlorox won’t clean up this mess for him.
      If this isn’t an evasion attempt (he is a con man after all) then I hope he doesn’t develop serious complications from it. No one should have to go through this. However, I do hope he gets very ill and recovers so he can understand how serious this is and why it results in so many deaths.

    2. Why would Trump want/ need to avoid another debate? He has been fielding hostile questions from the press daily, live, unscripted for 3 1/2 years. Biden hasn’t taken real questions from journalists in… months… a year?

      1. Why would Trump want to weasel out of the debate? Isn’t it obvious? For the same reason he’s trying to suppress the vote and rig the election –– because he can’t stand to be revealed as the loser he really is. That’s a pathological thing with him. When he wins, he says he won bigger than anyone in cosmic history. When he comes out even, he says he won bigger than anyone in human history. When he loses, he says he won bigger than anyone in American history. He’s a lame, limping, pathetic little peacock with one droopy feather who keeps screaming at everyone, desperately trying to convince them he’s the cock of the walk.

  2. This can’t be right. Trump catches Democrat hoax. Poor GoeB, Kent, First whatever…so much lying and disinformation!…here’s offering you a big thoughts and prayers. For all the good it will do.

    1. I really don’t taste good but, well…karma.

      Crow Blacker Than Ever

      By Ted Hughes

      When God, disgusted with man,
      Turned towards heaven,
      And man, disgusted with God,
      Turned towards Eve,
      Things looked like falling apart.

      But Crow Crow
      Crow nailed them together,
      Nailing heaven and earth together-

      So man cried, but with God’s voice.
      And God bled, but with man’s blood.

      Then heaven and earth creaked at the joint
      Which became gangrenous and stank-
      A horror beyond redemption.

      The agony did not diminish.

      Man could not be man nor God God.

      The agony

      Grew.

      Crow

      Grinned

      Crying: “This is my Creation,” Flying the black flag of himself.

        1. I am surrounded by illiterate idiots. Firstly, I never said Trump said it, you guys did. But that is just semantics. WhenTrump retweets post like Chuck Woolery’s who says everyone is lying about COVID, put two and two together. MyGod you guys really make bad defense lawyers.

  3. The chickens are coming home to roost..

    Just think of the millions of people in this country who would take the virus more seriously if the highest profile person in the world had set an example. Instead, he encouraged them to do the opposite.

    1. I would say that we are showing appropriate tolerance and compassion. He is our President and deserves our thoughts and prayers, even if there is little to no evidence that he has demonstrated a speck of empathy towards the 208,000 people who have died on his watch or for the many more who have suffered severe illness and crushing medical expenses, or for the loved ones of all the above. I wish him well, even though I know he would not reciprocate if I were ill.

      1. Deaths in the U.S. on Barack Hussein Obama’s watch:

        2009: 2,437,163
        2010: 2,468,435
        2011: 2,515,458
        2012: 2,543,279
        2013: 2,596,993
        2014: 2,626,418
        2015: 2,712,630
        2016: 2,744,248

        Total deaths in the U.S. on Barack Hussein Obama’s watch:

        20,644,624

        Source: U.S. CDC. Does not include many more who have suffered severe illness and crushing medical expenses, or for the loved ones of all the above.

        1. So you are saying that Obama is responsible for those deaths? Did he tell people there are no pandemics, , it was a Chinese/Iraq/Iranian hoax, and not to wear masks.for any reason unless you are robbing a bank? Hmmmm, I guess I should start listening to Fox News.
          I am sure he is to blame for anyone killed by lightening strikes, etc…..
          Sheesh

  4. I must be a Rightwinger since I feel no empathy for trash pile bully macho Donald who has displayed zero empathy over the suffering of others who now suffers from the consequences of having those exact character traits. Ancient Greeks told the tragic story of Trump-like Icarus and its theme of failure due to personal hubris, an overconfidence in one’s abilities. And what better time to test cures from doctors — perhaps from Liberty University — who know that the Bible has primacy over real world, rigorous, double blind science.

  5. We all know that the more a corporation can pollute, the more money it saves by avoiding anti-pollution efforts. Dow plunges and investors are depressed over the real possibility that the next pres. will roll back Donald’s pro-pollution, anti-environment initiatives.

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