Dow futures spike 700 points after historic sell-off

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Dow futures spike 700 points after historic sell-off
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Futures on the Dow Jones Industrial Average indicate a spike of more than 700 points at the opening.

March 10, 2020, 1:15 PMThe Dow fell more than 2,000 points within minutes of opening Monday and President Trump promised"major" steps to boost the economy.Futures on the Dow Jones Industrial Average indicated a spike of more than 700 points at the opening. President Donald Trump's pledge to offer economic relief appeared to assuage investors.

Financial markets suffered major losses Monday. The Dow closed down more than 2,000 points, or 7.8%. The S&P 500 plunged 7.6%.

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