Sunday, March 15, 2020 7:16:46 PM
STOCK MARKET TODAY
Dow Jones Futures 'Limit Down' Even As Fed Cuts Rates To 0%, Plans $700 Billion In QE; Covid-19 Cases Soar Amid Coronavirus Bear Market
ED CARSON
06:57 PM ET 03/15/2020
Dow Jones futures fell sharply Sunday, along with S&P 500 futures and Nasdaq futures, hitting limit down once again even as the Fed cut rates by a full percentage point to 0%-0.25% and restarted quantitative easing (QE) amid the coronavirus bear market. Dow Jones stock Apple (AAPL), Nike (NKE), Microsoft (MSFT) are making news, while ZTO Express (ZTO) and Coupa Software(COUP) have earnings due with Tesla stock still in focus.
This ad will end in 9
It's the second emergency Fed rate cut in less than two weeks. On March 3, the Federal Reserve cut interest rates by 50 basis points. This time policymakers went even bigger, cutting Fed rates to effectively zero. And the central bank is restarting QE, with plans to buy at least $500 billion in Treasuries and $200 billion in mortgage securities in the coming months. The Fed also announced a dollar-swap program with other central banks.
President Donald Trump, who has relentlessly demanded Fed rate cuts and more rate cuts, said he was "very happy" with the terrific Fed decision. But while the Fed brought the big guns to the coronavirus bear market, it's using up its bullets.
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-fed-cuts-rates-starts-qe-covid-19-coronavirus-bear-market-apple-microsoft-tesla/
Recent GRPN News
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 05/10/2024 09:49:52 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 05/09/2024 09:28:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 08:09:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 08:06:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 01:26:28 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 09:31:17 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 08:25:29 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 06:25:33 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 04:31:26 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 02:39:12 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/13/2024 09:57:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2024 10:39:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/25/2024 01:29:16 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 09:44:35 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 01/23/2024 09:40:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/22/2024 01:30:24 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/17/2024 09:31:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/12/2024 01:41:33 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 12/18/2023 10:28:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/21/2023 09:41:48 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 11/21/2023 09:29:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/20/2023 11:27:56 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 11/13/2023 09:41:51 PM
- Friday’s Wall Street Highlights: The Trade Desk, Unity, Groupon, Diageo, Plug Power, and more • IH Market News • 11/10/2023 03:14:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 09:09:06 PM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM
VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • VPRB • May 17, 2024 8:04 AM
ILUS Provides a First Quarter Filing Update • ILUS • May 16, 2024 11:26 AM