Stocks came under pressure today, after President Trump’s positive coronavirus diagnosis fueled concerns about the election and the pandemic. The Dow fell 0.48%. The S&P 500 slid 0.96%. The Nasdaq dropped 2.22%.
U.S. stocks fell in volatile trading on Friday after President Donald Trump's coronavirus diagnosis fueled concerns about the election and a worsening pandemic.
Shares of airlines jumped higher in unison after Pelosi called on the industry to delay furloughs, saying relief for airline workers is "imminent." American Airlines and United erased earlier losses and popped 3.3% and 2.4%, respectively. added more uncertainty to the election, an event that was already weighing on the market and keeping traders on edge as they attempted to evaluate the possible outcomes. It also raised concerns about a second wave of the virus and a slower reopening.
White House chief of staff Mark Meadows said Friday Trump was having "mild" symptoms after testing positive for the virus and that he and Melania are in "good spirits."
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