Plunging stock market futures hit 'limit down' — Here's what that means

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Plunging stock market futures hit 'limit down' — Here's what that means
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Contracts on the S&P 500 dropped 5%, reaching a 'limit down' band that made by the CME futures exchange to prevent further losses.

Contracts on the S&P 500 dropped 5%, reaching a "limit down" band made by the CME futures exchange to prevent further losses.The Dow Jones Industrial Average futures plunged more than 1,000 points, also triggering the limit down level.

Contracts on the S&P 500 dropped 5%, reaching a "limit down" band made by the CME futures exchange to prevent further losses. No prices can trade below that threshold, only at higher prices than that down 5% limit.

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