US STOCKS SNAPSHOT-Futures pare losses after Fed launches direct cash injections

Reuters| Washington DC | United States

Updated: 23-03-2020 17:53 IST | Created: 23-03-2020 17:39 IST

Image Credit: Pixabay

U.S. stocks futures pared losses on Monday after the Federal Reserve launched unprecedented measures to support U.S. households and companies, seeking to blunt the economic damage from the coronavrius pandemic.

At 8:03 a.m. ET, Dow e-minis were down 233 points, or 1.22%. S&P 500 e-minis were down 27.5 points, or 1.2% and Nasdaq 100 e-minis were down 53.5 points, or 0.77%.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

READ MORE ON

NasdaqFederal Reserve

READ MORE

OPINION / BLOG

LATEST NEWS

VIDEOS

View All