President Donald Trump confirmed overnight that he and the first lady have tested positive for COVID-19.
The president made the announcement first on Twitter overnight, saying he and First Lady Melania Trump would "begin their quarantine and recovery process immediately."
He also canceled his schedule Friday, which included a campaign event in Florida.
The president's physician released a statement saying the Trumps are "well," adding:
"Rest assured I expect the president to continue carrying out his duties without disruption while recovering, and I will keep you updated on any future developments."
The announcement came hours after White House Advisor Hope Hicks announced she had tested positive for COVID-19.
After the diagnosis, Boston infectious diseases specialist Dr. Todd Ellerin said the president's medical team will have a lot to watch in the coming days.
“This is an unpredictable virus, but certainly we get more concerned with people who are older and being in your 70s is definitely a risk factor for having more severe disease. It’s important to have close monitoring, making sure that you are isolated, staying more than 6 feet away from other people,” Ellerin said.
President Trump appeared at an indoor fundraiser Thursday night.
“Anyone who was with him within 6 feet for greater than 15 minutes, those people will need to be quarantined and they will need tested. Even if the test is negative, they need to quarantine,” Ellerin said.
Hicks is showing symptoms of the virus. White House officials said Trump and the first lady are showing mild symptoms.
The news that President Trump had tested positive quickly sent waves through the financial markets.
The S&P 500 was down 0.5% in afternoon trading, paring its earlier losses. It fell as much as 1.7% shortly after trading began. But the moves weren’t close to as chaotic as earlier this year, when markets were first selling off on coronavirus fears.
The Dow Jones Industrial Average was down 112 points, or 0.4%, at 27,707, as of 12:48 p.m. Eastern time, after earlier being down 433 points. The Nasdaq composite was 1.1% lower.