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Stock impact report

U.S. Stock Futures Tumble to Limit Down After Fed Rate Reduction [Yahoo! Finance News]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
) -- U.S. stock futures tumbled, wiping out most of the rally that swept Wall Street in Friday’s last hour and tripping exchange trading curbs, as investors worried that emergency measures by the Federal Reserve will fall short of cushioning the coronavirus’s blows to the economy. Contracts on the , whose violent swings have triggered limits in five of the past six sessions, dropped 4.8% to 2,555.50 and stayed pinned there by loss-restricting circuit breakers. While those bands halt big drops, they also leave traders in the dark as to the extent of declines. Last week, investors had to wait till the 4 a.m. start of premarket trading in New York to see how far exchange-traded funds tracking benchmarks had fallen. U.S. equities are coming off their first back-to-back 9% swings since the Great Depression, with investors rattled by the virus and its potential to derail global growth. Goldman Sachs cut its GDP forecasts for the first half, Nike closed stores in North America and Apple shut Show less Read more
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