U.S. stock futures surged on Monday, erasing steep overnight losses after the Federal Reserve unveiled new measures to keep markets working properly. Wall Street awaited Washington lawmakers to agree to an economic stimulus and rescue plan to cushion the blow from the coronavirus outbreak. As of 8:18 a.m. ET, Dow Jones Industrial Average futures were up more than 400 points, or 2.4%. S&P 500 futures were up by about 2.8%. Nasdaq 100 futures traded 3.5% higher. The SPDR S&P 500 ETF was off by 0.8% in premarket trading. One of the measures taken by the Fed were an an open-ended asset purchase program, which the central ... (full story)