(Bloomberg) — U.S. stock futures tumbled, wiping out half of the furious last-hour rally Friday and tripping exchange trading curbs, as investors worried that emergency measures by the Federal Reserve will fall short of cushioning the coronavirus’s blows to the economy.Contracts on the S&P 500, whose violent swings have now triggered limits in five of the past six sessions, dropped 4.8% to 2,555.50 as of 6:50 p.m. in New York. While the triggering of limit-down circuit breakers arrests big drops, it also leaves traders in the dark as to the full extent of losses. Last week, investors had to wait …read more
Source:: Yahoo Finance
