Read? Dow futures jump 200 points after Wall Street suffers worst day since 1987 market crash
Stock futures traded higher on Monday night after Wall Street suffered massive losses earlier in the day amid concerns over the economic blow from the coronavirus outbreak.
Dow Jones Industrial Average futures rose by 229 points, or about 1.1%. S&P 500 and Nasdaq 100 futures were also higher. Dow futures briefly traded more than 200 points higher after President Donald Trump tweeted: “The United States will be powerfully supporting those industries, like Airlines and others, that are particularly affected by the Chinese Virus. We will be stronger than ever before!”
The Dow Jones Industrial Average and S&P 500 had their worst day since the “Black Monday” crash of 1987, falling 12.9% and 12%, respectively. It was also the Dow’s third-worst day ever. The Nasdaq Composite had its biggest one-day plunge ever, tumbling 12.3%.
The Cboe Volatility Index — Wall...