Trump caught coronavirus – global markets are in fever

Trump caught coronavirus – global markets are in fever

Trump caught coronavirus - global markets are in fever

The news that the President of the United States was diagnosed with the coronavirus plunged global markets into panic. On the Tokyo Stock Exchange, trading ended in the red; on most European trading floors, quotes were in free fall all day, but by the end of Friday they leveled off.

Frankfurt ultimately lost 0.33%; London won back 0.39%, Paris ended trading at + 0.02%.

“If the US president gets seriously ill, it will have a serious impact on the global stock markets in the long term. The executive branch must work, whatever you personally think about Donald Trump. America cannot be left without control. There is a vice president, and I am sure everything will go as usual until the elections, “said Robert Halver, an analyst at Baader Bank.

The New York Stock Exchange opened in the red. During the day, the Dow Jones Industrial Average and Nasdaq were trying to win back their fall, but by the close they fell -1.46% and -2.15%, respectively.

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