March 24, 2020 / 10:04 AM / 2 months ago

US STOCKS-S&P futures hit upper trading limit after another brutal session

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.)

* Futures up: Dow 5.03%, S&P 5.09%, Nasdaq 5.37%

By Uday Sampath Kumar

March 24 (Reuters) - S&P 500 futures hit their daily upper trading limit on Tuesday, rebounding from another brutal session caused by investor panic over the rapidly spreading coronavirus.

Investors are pinning their hopes on a $2 trillion economic rescue package, negotiations over which appeared to have made progress late on Monday. The bill could be voted on as soon as Tuesday.

At 05:47 a.m. ET, S&P 500 e-minis rose 5.09% to its upper trading limit of 2,333.5 points. Dow e-minis were up 930 points, or 5.03% and Nasdaq 100 e-minis were up 375 points, or 5.37%.

SPDR S&P 500 ETFs were up 4.96%.

The S&P 500 index closed down 2.93% at 2,237.4​ on Monday. (Reporting by Uday Sampath in Bengaluru; Editing by Anil D’Silva)

Nuestros Estándares:Los principios Thomson Reuters
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below