What Has Shaken up the Markets?
On Friday, the US stock index futures dropped as much as 2% after the President Donald Trump said he and the first lady, Melania Trump were positive for Covid-19.
The analysts have claimed that the reports could weaken the influece of the Trump's campaign and fuel market uncertainty with stock market nervousness at an unpredictable presidency in less than 5 weeks.
How did the Markets Behave in the Past Few Weeks?
In the previous session, the US stocks had been bogged down as the investors had juggled the development of stimulus talks in Washington with positive and negative reports.
In a democratic consensus, the speaker of the White House, Nancy Pelosi, tries to evade the United States. On Thursday, the House of Representatives introduced a $2.2 billion Democrat tax help package, which is expected to be neglected by complaints from the top Republicans.
The S&P 500 index finished on Thursday, with a day 0.5% rise; the Industrial Average Dow Jones improved by 0.1% to 27,816.90, and the Nasdaq composite improved by 1.4% to 11,326.51; while the market was assisted by massive tech-oriented stocks during the pandemic.