Following the disappointment from the US Senate, President Donald Trump showed readiness to keep working on the bill while also showing a promising sign of a drug recovery to combat the coronavirus (COVID-19) during Monday’s virus task force conference.
Key quotes
Twinning the Malaria drug with another is looking like good way to fight COVID-19.
Government working to obtain large quantities of Chloroquine.
Chloroquine to be distributed in NY tomorrow.
There’s a real chance it could have a tremendous impact.
Continuing to work with Republicans and Democrats on capitol hill on stimulus bill.
Will not let cure be worse than the problem.
After 15-day guidance expires, he will decide on how to reopen US economy.
Will not let coronavirus turn into long-lasting financial problem.
Market implications
With the hints of possible drug recovery, the market’s risk-tone turned positive after the news. That said, the US stock futures currently mark close to 1.75% profits despite Wall Street’s losses the previous day.
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