Here are five things you must know for Friday, Oct. 2:

1. — Stock Futures Slide After Trump Tests Positive for Covid-19

Stock futures declined sharply Friday and global stocks tumbled after President Donald Trump said early Friday that he tested positive for the coronavirus.

Contracts linked to the Dow Jones Industrial Average fell 394 points and had dropped as much as 450 points during the premarket session. S&P 500 futures tumbled 50 points and Nasdaq futures were sliding 255 points on Friday.

Just before 1 a.m. ET, the president posted via Twitter that he and first lady Melania Trump tested positive for the novel coronavirus, adding that the two “will get through this together.”

Hours earlier, he had revealed that Hope Hicks, his adviser, also tested positive for Covid-19. 

The announcement from Trump comes as big cities across the U.S., such as New York, have seen a spike in coronavirus cases. More than 7.2 million cases of the virus have been confirmed in the United States, with more than 207,800 deaths, the most in the world.

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