Dow Jones Industrial Average futures traded just above the flatline after dropping more than 100 points earlier in the session. S&P 500 and Nasdaq 100 futures were well off their lows, trading down 0.3% and 0.1%, respectively.
The ECB said Thursday it will increase its Pandemic Emergency Purchase Programme by 600 billion euro, bringing the program’s total to more than 1 trillion euro. The ECB’s stimulus measures come as the Federal Reserve and other central banks around the world take action to curb the economic blow from the coronavirus pandemic.