U.S. stock futures gained late Thursday, following Wall Street's worst selloff since March. As of 7 p.m. Eastern, Dow Jones Industrial Average futures...
U.S. stock futures gained late Thursday, following Wall Street's worst selloff since March. As of 7 p.m. Eastern, Dow Jones Industrial Average futures YM00, +0.82% were up about 100 points, or 0.4%, while S&P 500 futures ES00, +0.60% and Nasdaq-100 futures NQ00, +0.50% rose around 0.3%. Earlier in the day, stocks plunged as coronavirus cases in the U.S.
continued to rise and as investors digested Fed Chairman Jerome Powell's cautious outlook Wednesday on the speed of the U.S. economic recovery. The Dow Jones Industrial Average DJIA, -6.89% closed down 1,861.82 points, or 6.9%, to 25,128.17, the S&P 500 SPX, -5.89% ended down 188.04 points, or 5.9%, to finish at 3,002.10, and the Nasdaq Composite COMP, -5.26% closed down 527.62 points, or 5.3%, at 9,492.73.
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