News Formal

Stock market live updates: Futures 'limit up', S&P 500 ETF up 5%, rebound from worst day since '87

  • 📰 CNBC
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

“We have to get used to the fact that we are going into a global recession,” Allianz’s El-Erian says. “Hopefully it will be short-lived, but I can’t see how we’re going to avoid a global recession.”

. "While it is still admittedly difficult to gauge the fundamental impact Apple may realize from the COVID-19 outbreak, at current levels we think shares offer a compelling risk / reward for long-term patient investors," analyst Aaron Rakers said. Shares of the tech giant are down 24% from the all-time high level.7:35 am: U.S.

U.S. stock futures are pointing to massive gains at the open, with the Dow set to rally nearly 1,000 points. The S&P and Nasdaq-100 are also set to open solidly in the green. A little more than two hours before the opening bell the "limit up" levels were reached after S&P futures jumped 5%. This is when trading is suspended at certain extreme price levels, and it acts as a protective measure during times of extreme volatility.

Friday's surge follows the worst day for stocks since the Oct. 1987 crash known as Black Monday. The Dow fell 9.99% and posted its largest single-day point decline on record. The S&P 500 also posted its worst day since Black Monday, and is now in bear market territory.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Another recession.

If it bleeds it leads.

Why does CNBC keep having this guy on?

No. Recent panic has reset expectations. After a full recovery, upside surprises may lift share prices and investor confidence.

Insurmountabl1 We know it’s true because you tell us😆🤦‍♂️

Nobody really knows what the situation will look like in two weeks. It could be back to business as usual. Nobody knows because nobody can predict the future. 🤷‍♀️

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stock futures point to more losses Friday following market's worst day since 'Black Monday'The overnight action followed the official end of the record-long bull market run. Capitalism is a shambling corpse Disney’s announcement came after the close. Why would the market go up? No sports, everyone is afraid I can see the Dow Jones going under 10,000 again What is the stimulus when everyone is at home?
Källa: CNBC - 🏆 12. / 72 Läs mer »

Stock market live updates: Dow tanks 2,300 in worst day since Black Monday, S&P 500 bear marketStocks plummeted on Thursday as the Dow dropped 10% for its largest drop since Oct. 1987, while the S&P 500 shed 9%, closing in bear market territory. I know I’m not supposed to but I want to pull my money out. I’m thinking about pulling out. I’ve lost so much!!! Thank god I didn’t put all of my retirement funds in the market!!! pdacosta Thanks trump! This makes no fucking sense
Källa: CNBC - 🏆 12. / 72 Läs mer »

5 things to know before the stock market opens ThursdayU.S. stock futures hit 'limit down' Thursday morning after President Trump's address failed to ease coronavirus concerns. Welcome huge crisis ... I sold more than a month ago... thanks YouTube teachers...saved my ass falling, falling, falling, falling, falling My calls are fucked
Källa: CNBC - 🏆 12. / 72 Läs mer »