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

 

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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