Business Standard

Trump testing Covid-19 positive a temporary setback for markets: Analysts

US stock futures and Asian shares lost ground Friday after President Donald Trump said he and first lady Melania Trump had tested positive for Covid-19

Donald Trump, Melania Trump
Premium

US President Donald Trump and first lady Melania Trump

Puneet Wadhwa New Delhi
US President Donald Trump testing positive for Covid-19 triggered a fall across global equity markets on Friday, which analysts feel is just a knee-jerk reaction to the development. While they rule out a possible delay in the US presidential polls due to the development, the health report of POTUS and the possibility of another stimulus package by the US Federal Reserve (US Fed) will be keenly tracked by the markets, they say.

"The news has definitely come as a setback for the Trump camp from a political standpoint. I don’t think the US elections will get postponed due to this

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in