Stock futures rose shortly after overnight trading on Sunday evening President TrumpDonald John TrumpJem discusses Harrison Graham behind Plexiglass Shield Doctors, White House staffers gave contradictory messages on the president’s health Walter Reed appeared in a motorcar outside the National Military Medical Center where he is recovering from coronavirus.
Futures on the Dow Jones Industrial Average rose 150 points, while both the S&P 500 futures and the Nasdaq 100 futures rose about 0.5 percent.
President Trump tweeted a video early Sunday saying he was “getting good reports from doctors.” He then waved supporters outside the hospital on a short outing in a Secret Service motorcade.
In response to a tweet asking why Trump would leave the hospital despite being ill with COVID-19, Marketplace’s Kai Raisdale tweeted: “Because futures start trading at 6pm East Coast time.”
Et voila pic.twitter.com/rlDlINOyyH
– Kai Raisdal (Kairisdal) October October 4, 2020
The market has been increasingly volatile in recent months amid election talks, discussion around the upcoming COVID-19 stimulus package on Capitol Hill, and an epidemic that shows no signs of abating.
The Dow Jones Industrial Average opened on Friday, down 1.4 percent after Trump’s coronavirus diagnosis, with a loss of about 400 points. The S&P 500 index is down 1.6 percent and the Nasdaq composite is down 2 percent.
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