US Market Dives After Donald Trump Tests Positive For COVID-19

The US stock market on October 2 faced a wave of market volatility after President Donald Trump and his wife tested positive for COVID-19. The market saw an initial drop but, eventually, investors gained confidence. While Dow Jones lost 1.4% in the beginning, Nasdaq index lost 2.2%. The European markets also showed a similar trend. Oil companies were one of the worst-hit with Brent crude facing a fall of 5%.