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The sell-off started with a mysterious plunge overnight that caused the exchange to halt futures

“The stock market sell-off on Thursday began with a mysterious overnight plunge in equity futures that caused the CME Group to halt trading in several intervals” writes Thomas Franck for cnbc.com. When futures opened for trading at 6 p.m.ET on Wednesday, the eMini S&P 500 futures fell as low as 1.8 percent in a sudden move on above average volume. The CME Group said it had to intervene with multiple 10-second pauses to prevent a steeper decline in the equity futures.
Source: cnbc.com

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