US TREASURIES SURGE WHILE S&P FUTURES HIT LOWEST

 US TREASURIES SURGE WHILE S&P FUTURES HIT LOWEST

Highlights:

• US Federal Reserve has cut the interest rates by 1 point.
• Europe, Asia share priced slump after cut in interest rates by the Federal Reserve.
• The Dow Jones Industrial Average, S&P 500 and the Nasdaq 100 have slumped by almost 5%.

The US equity market has surged while th....