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Demovictory9

(32,423 posts) Mon Mar 2, 2020, 02:16 AM Mar 2020

US stock futures plunged then moved positive.

US stock futures also began trending higher as Asia started trading. Dow (INDU) futures, which at one point plunged more than 500 points Sunday night, were last up 177 points, or 0.7%. S&P 500 (INX) and Nasdaq (COMP) futures were also higher, reversing losses.

https://www.cnn.com/2020/03/01/investing/dow-futures-coronavirus/index.html

2 replies

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US stock futures plunged then moved positive. (Original Post) Demovictory9 Mar 2020 OP

I expect them to go up and down and up and down.... Pachamama Mar 2020 #1

It's because Asian markets went up SCantiGOP Mar 2020 #2

Pachamama

(16,884 posts)

1. I expect them to go up and down and up and down....

Reply to Demovictory9 (Original post)

Mon Mar 2, 2020, 02:18 AM

Mar 2020

It is going to be volatile the next weeks - maybe months...

SCantiGOP

(13,867 posts)

2. It's because Asian markets went up

Reply to Demovictory9 (Original post)

Mon Mar 2, 2020, 02:58 AM

Mar 2020

Apparently, they are expecting large government infusions of capital and rate cuts.
We have very little room for rate cuts but will probably do it anyway, which will basically use up the only real tools we have in reserve to fight a deep recession if it occurs.

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