Stock futures trigger 'limit down' levels after interest rate cut

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Markets brace for black Monday as Dow futures hit their 'limit' to stop panic

Dow Jones Industrial Average futures plunged more than 1,000 points, triggering 'limit down' levels on Sunday. US stock futures also dropped 5% Sunday evening, hitting limit down levels, which means prices cannot trade any lower. The halts occur during non-US trading hours, before the 9:30am Eastern open of regular trading.

 

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