Not Even Trump’s Diagnosis Or Tech’s Tumble Could Erase Bezos’ And Musk’s Big Gains This Week
Posted on AllSides October 3rd, 2020
From The Center
The week started strong for big tech companies and the billionaires behind them. Between market close on Friday, September 25 and Thursday, October 1, stock prices rose 10% for Tesla, 5% for Facebook and 4% for Amazon.
Then came President Donald Trump’s announcement early Friday morning that he and First Lady Melania Trump both tested positive for Covid-19. The news sent the stock market on a chaotic ride.
After falling as much as 1.4% Friday morning, stocks mostly recovered. The Dow Jones Industrial Index ended the day down about half...
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