The news broke overnight that President Trump and the First Lady have tested positive for COVID-19. The news has, as would be expected, made a big impact on the financial markets.

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The breaking news about President and First Lady Trump sent DOW futures plunging and investors saying that this could be a great time to purchase stocks as a rebound would produce some good gains.

According to reports,

Futures tied to the Dow Jones Industrial Average plummeted 500 points. S&P 500 futures and Nasdaq 100 futures were also in negative territory.

Meanwhile, the yield on the benchmark 10-year Treasury Note fell to 0.6578 percent. Yields move opposite prices.

The best advice would be to contact your financial advisor and don't panic.

The COVID pandemic has even affected the NFL as the Tennessee Titans have had to push their game against the Steelers to a later date in the season as a result of multiple positive tests. The fears about the virus spreading to other teams is keeping fans on edge. The Buffalo Bills are scheduled to play the Titans on October 11th and it will be interesting to see what will happen as the 14 day window closes.

As of early Friday, President Trump's team has not indicated if he or the First Lady are experiencing any particular symptoms.