Stock-index futures open sharply lower as Fed slashes rates

[turbinetree]

Published: March 15, 2020 at 6:12 p.m. ET
By William L. Watts

Stock-index futures opened with heavy losses Sunday night, tumbling despite the Federal Reserve's decision to slash its main interest rate nearly to zero and buy $700 billion Treasurys and mortgage-backed securities. Futures on the Dow Jones Industrial Average YM00, -4.558% DJIA, +9.36% fell 854 points, or 3.7%, while S&P 500 futures ES00, -4.784% SPX, +9.28% were down 4.2%. Federal Reserve Chairman Jerome Powell is scheduled to hold a news conference at 6:30 p.m. Eastern.

https://www.marketwatch.com/story/stock-index-futures-open-sharply-lower-as-fed-slashes-rates-2020-03-15

Hold on..........................Monday and the rest of week are going to be dozy.....................

[The Velveteen Ocelot]

1. Trump should just shut up and leave everything alone.

Every time he tries to do or say something he just makes it worse.

[turbinetree]

2. He does not understand what he is doing......................he has no, what is the word I am

looking for....................self awareness or comprehension for ones actions...................if you have a better one ...............he really is insane, he cannot admit to being a complete failure.....................