Investing.com
Published Mar 23, 2020 08:43AM ET
By Geoffrey Smith
Investing.com -- Stocks in focus in premarket trading on Monday, March 23rd. Major indices futures have turned up sharply after the Federal Reserve announced it would buy unlimited amounts of Treasuries and agency debt and introduce other lending programs to support the economy through the coronavirus crisis.
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Deere & Co (NYSE:DE) stock was down 2.2% after the agricultural machinery maker pulled its guidance for 2020 and said it would shut some of its operations temporarily.
Netflix (NASDAQ:NFLX) stock was up 3.4% as reports multiplied of it having to allow lower streaming quality to cope with a surge in demand from a growing audience of viewers compelled to stay at home due to curfew measures in the U.S. and Europe.
Written By: Investing.com
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