tradingigbtc

Stocks Finish Lower as Trump Tests Positive for Covid-19

Stocks ended lower Friday after President Donald Trump said he tested positive for the coronavirus and the U.S. added fewer jobs in September than forecast.

The Dow Jones Industrial Average, which had tumbled on the news, ended down 134 points, or 0.48%, at 27,682, the S&P 500 declined 0.96% and the Nasdaq slumped 2.22%.

But the stock market finished the week higher: The Dow rose by 1.9%, and the S&P 500 and the Nasdaq each gained 1.5%.

Airline stocks climbed after House Speaker Nancy Pelosi she was willing to pass a stand-alone Covid-19 airline-relief bill and asked the airlines to delay job cuts that started this week. 

Source Article