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U.S. stock-index futures trigger ‘limit-down’ rule. Here’s how limit rules and stock-market circuit breakers work

U.S. stocks have been experiencing some of the most volatile trading in the past decade in recent weeks and that trend continued into Monday morning after the Federal Reserve slashed rates to nearly 0% and unveiled some of the most dramatic stimulus measures since the 2008 financial crisis to combat the COVID-19 pandemic.
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