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- Oct 20, 2008
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Dow futures pare losses, down about 500; safety breakers stop Nasdaq, S&P 500 spirals
Dow futures briefly dropped more than 800 points and bonds rallied as markets feared Donald Trump could pull off an upset and take the White House. Dow futures were trading about 500 points lower as of 2:14 a.m., ET.
Just before midnight ET, S&P 500 futures and Nasdaq 100 futures plunged more than 5 percent.
That was just above levels identified as "limit down" by the CME, which confirmed to CNBC that S&P and Nasdaq futures can trade above but not below those prices until 9:30 a.m., ET, when the Wednesday U.S. trading session begins.
Dow futures briefly dropped more than 800 points and bonds rallied as markets feared Donald Trump could pull off an upset and take the White House. Dow futures were trading about 500 points lower as of 2:14 a.m., ET.
Just before midnight ET, S&P 500 futures and Nasdaq 100 futures plunged more than 5 percent.
That was just above levels identified as "limit down" by the CME, which confirmed to CNBC that S&P and Nasdaq futures can trade above but not below those prices until 9:30 a.m., ET, when the Wednesday U.S. trading session begins.
