U.S. stock futures jump, hitting the daily 5% cap, a day after Wall Street's historic rout
U.S. stock futures and European indexes recovered some ground Friday on the heels of Wall Street’s worst day in more than three decades.
Futures tied to the Dow Jones Industrial Average reached their 5% upper limit Friday, suggesting that blue-chip stocks may open higher in New York. U.S. stocks plunged Thursday, with the Dow falling 10% as the rapidly spreading coronavirus drove fears of a global slowdown despite action from the Federal Reserve.
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