U.S. stock futures and European indexes recovered ground a day after Wall Street’s worst day in more than three decades. Futures tied to the Dow Jones Industrial Average reached their 5% upper limit Friday, suggesting that blue-chip stocks may open higher in New York. U.S. stocks plunged Thursday, with the Dow falling 10% as the rapidly spreading coronavirus drove fears of a global slowdown despite action from the Federal Reserve.
Source: Wall Street Journal March 13, 2020 01:04 UTC