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muriel_volestrangler

(101,446 posts)
5. "Lord ... how come the stock market doesn't see I'm the most perfect prez ever?
Sun Mar 15, 2020, 07:10 PM
Mar 2020

I'm beginning to think You're not the deity who should be in charge of luck, right now. Looks like you're a fake god. Jared says his man MBS swears by Allah, bigly. Get things sorted or I'm outa here."

S&P 500 futures trigger overnight limit-down band of -5%.

At this point, they can trade higher, but not lower, until the cash market opens at 9:30 a.m. ET.

Currently 7.5K contracts offered at 2,550.50.

Contracts on the S&P 500 have now triggered limits in five of the past six sessions.

This comes despite the Fed slashing interest rates by a full percentage point to near zero, and boosting its bond holdings by $700B.

https://seekingalpha.com/news/3551843-s-and-p-500-futures-tumble-limit-down-15-minutes-after-open-be-quiet-evening

So they're saying things are as bad as the rules of the futures market allow.
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