Wall Street skids after Trump’s positive COVID-19 test

In this news, we discuss the Wall Street skids after Trump’s positive COVID-19 test.

(Reuters) – Major Wall Street indices fell at the opening Friday after President Donald Trump tested positive for COVID-19 weeks before the election, with an elusive fiscal stimulus and a slowing domestic economic recovery that also dented the feeling.

The Dow Jones Industrial Average .DJI fell 280.51 points, or 1.01%, on the open to 27,536.39. The S&P 500 .SPX opened lower 41.86 points, or 1.24%, to 3,338.94, while the Nasdaq Composite .IXIC lost 243.98 points, or 2.15%, to 11,082.53 when the bell opens.

Report by Devik Jain in Bengaluru; Edited by Arun Koyyur

Original © Thomson Reuters

Originally posted 2020-10-03 04:06:08.

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