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Futures fall after three-day surge as virus fears grow

Byindianadmin

Mar 27, 2020 #fears, #virus
Futures fall after three-day surge as virus fears grow

( Reuters) – U.S. stock index futures fell over 2%on Friday, a day after the S&P 500 and the Dow published their best three-day run given that the early 1930 s, as the United States faced the prospect of becoming the next international center of the coronavirus pandemic.

FILE IMAGE: Traders deal with the flooring of the New York Stock Exchange (NYSE) in New York, U.S., March 20,2020 REUTERS/Lucas Jackson

Regardless of a tense start to the week, all three major indexes have so far leapt in between 13.3%and 17.6%, powered by unmatched policy reducing by the U.S. Federal Reserve and hopes of a $2.2 trillion government stimulus help costs.

The U.S. House of Representatives is expected to debate on the proposition, focused on flooding the country with cash in a quote to counter the financial impact of the outbreak, later on Friday.

The Dow Jones Industrial Average DJI is now up more than 20%from its intra-day low this week, technic

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