U.S. Federal Reserve brings out bazooka with unprecedented new buying to battle ‘tremendous hardship’ of coronavirus crisis

U.S. stocks futures pared losses after the Federal Reserve announced the measures. At 8:03 a.m. ET, Dow e-minis were down 233 points, or 1.22 per cent. S&P 500 e-minis were down 27.5 points, or 1.2 …

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