(CNBC) In just the last 24 hours, the wall of worry for stocks got a lot higher. President Donald Trump has contracted Covid-19, which keeps him off the campaign trail and secluded in the White House for at least two weeks. The betting markets are raising the odds for his rival Joe Biden, whose policies are generally not viewed as good for the market as Trump’s. Then the September jobs report confirmed the pace of job creation was already slowing, even before a wave of public announcements this week by Disney and others that they are laying off thousands of workers. There were 661,000 jobs added in September, well below the 800,000 or more that were expected.
Investors cling to silver linings despite increased election risk and labor market worry
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