Dow futures higher on hopes of global monetary stimulus [CNBC]
Bryn Mawr Bank Corporation (BMTC)
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Source: CNBC
This is a developing story. Check back for updates. U.S. stock index futures were higher Tuesday morning, as investors sought to assess the potential economic fallout as a result of the fast-spreading coronavirus. As of 4 a.m. ET, the Dow Jones industrial average rose 302 points, indicating a positive open of more than 77 points. Futures on the S&P 500 Nasdaq-100 The pre-market moves follow a roaring comeback rally in the previous session that saw the Reuters report At present, that did not include any specific call for new government expenditure or coordinated interest rate cuts by central banks, Reuters reported citing a G-7 official with direct knowledge of the deliberations. Earlier, CNBC's Steve Liesman had reported that Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin will lead a G-7 call The Reuters report came as markets had gotten a boost earlier this week amid investor expectations of big central bank stimulus over the coming days to boost the eco
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