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S&P 500 futures trading paused as gains limit reached

Trading in stock futures listed on the S&P 500 was halted on Friday morning as the index reached a limit in a daily gain of 2,582 points or 5%.

Yesterday, the index closed 9.51% in the red at 2,480, pulled mostly by cruise line companies.

At 6:23 am ET, the S&P 500 was up by 4.68%.

Breaking the News / NI