Dow Futures Slump After President Trump Tests Positive For COVID-19: September Jobs Report in Focus

New York (Oct 2)  U.S. equity futures slump lower Friday following news that President Donald Trump and First Lady Melania have both tested positive for the coronavirus, kicking markets into a tailspin ahead of key September jobs reports.

The President, who is 74 years old, Tweeted news of the positive test at around 1:00 am Eastern time Friday, and said the pair will immediately begin quarantine in the official residence of the White House.

Reports suggest the infection may have come from his top adviser, Hope Hicks, who has also taken ill from the virus that has affected more than 7 million Americans and taken the lives of more than 200,000.

TheStreet