U.S. stock futures jumped on Friday, pointing to a second day of gains. Nasdaq futures hit ‘limit up’ levels on exchanges.Posted on March 20, 2020
Dow Jones Industrial Average futures were up about 460 points, implying a gain of 400 points at the open on Friday. S&P 500 futures were up about 2%.
Nasdaq-100 futures jumped 3.4% and were “limit up” earlier in the session, meaning no trades could take place above those levels. CME Group halts futures at certain bands in overnight trading in order to curb panic trading. Futures have hit these extreme levels multiple times during this volatile month, mostly to the downside.