European stock futures drop 1% after Trump tests positive for COVID-19

(Reuters)-On Friday after reports from the United States, the potential European share dropped more than 1 percent.

For COVID-19, President Donald Trump screened positive worldwide.

Euro Stoxx 50 futures < STXEc1 > were down 1.13% at 0606 GMT, while German DAX futures < FDXc1 > fell by 1%, UK FTSE future < FFIc1 > fell by 1.3%.

Futures of the Wall Street < Escv1 > sunk approximately 2%.

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Trump said he tested positive on the COVID-19 and went into quarantine with his wife Melania on Friday.

The findings came after reports that early on Thursday Hope Hicks, a leading consultant and trustworthy worker, screened the coronavirus positive.

In the first presidential debate early this week, a tumultuous clash between Trump and democratic opponent Joe Biden put markets and other assets under usual strain as Trump places questions whether he will recognize the election result if he lost it.

"It is already too early at this point to say the election outcomes if this can impact. Stocks have sold off in an understandable jerky response," said Khoon Goh, Asia Analysis Head at the ANZ in Singapore.

(The Sruthi Shankar report; Nikhil Nainan 's supplementary report; Shounak Dasgupta edition)

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