diff --git a/.vscode/launch.json b/.vscode/launch.json
index 28e6fa352059..f4106b4f6605 100644
--- a/.vscode/launch.json
+++ b/.vscode/launch.json
@@ -9,7 +9,8 @@
       "request": "launch",
       "name": "Debug Jest with current test file",
       "program": "${workspaceFolder}/packages/jest-cli/bin/jest.js",
-      "args": ["--runInBand", "${file}"]
+      "args": ["--runInBand", "${file}"],
+      "runtimeArgs": ["-r", "flow-remove-types/register"]
     }
   ]
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7de83039f155..edb71fe78bfd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,7 @@
 ### Fixes
 
 - `[jest-haste-map]` [**BREAKING**] Replaced internal data structures to improve performance ([#6960](https://github.com/facebook/jest/pull/6960))
+- `[jest-jasmine2]` Fix memory leak in Error objects hold by the framework ([#6965](https://github.com/facebook/jest/pull/6965))
 
 ### Chore & Maintenance
 
diff --git a/README.md b/README.md
index 2c5d74597e93..0c3a1199fee3 100644
--- a/README.md
+++ b/README.md
@@ -17,6 +17,7 @@
     <a href="#backers"><img src="https://opencollective.com/jest/backers/badge.svg" alt="Backers on Open Collective"></a>
     <a href="#sponsors"><img src="https://opencollective.com/jest/sponsors/badge.svg" alt="Sponsors on Open Collective"></a>
     <a href="https://opensource.org/licenses/MIT"><img src="https://img.shields.io/badge/License-MIT-yellow.svg" alt="License: MIT"></a>
+     <a href="https://snyk.io/test/github/facebook/jest?targetFile=packages/jest/package.json"><img src="https://snyk.io/test/github/facebook/jest/badge.svg?targetFile=packages/jest/package.json" alt="Known Vulnerabilities" data-canonical-src="https://snyk.io/test/github/facebook/jest?targetFile=packages/jest/package.json" style="max-width:100%;"></a>
 </p>
 
 **👩🏻‍💻 Developer Ready**: Complete and ready to set-up JavaScript testing solution. Works out of the box for any React project.
diff --git a/jest.config.ci.js b/jest.config.ci.js
index 3245d107fa7e..a5ca92a7711d 100644
--- a/jest.config.ci.js
+++ b/jest.config.ci.js
@@ -1,12 +1,9 @@
 'use strict';
 
-// TODO: Configure the reporter directly: https://github.com/rickhanlonii/jest-silent-reporter/commit/e9a306210f89fa22705823f4c920ed4eecdfb83d#r30109923
-process.env.JEST_SILENT_REPORTER_DOTS = true;
-
 // Object spread is just node 8
 module.exports = Object.assign({}, require('./jest.config'), {
   reporters: [
     ['jest-junit', {output: 'reports/junit/js-test-results.xml'}],
-    'jest-silent-reporter',
+    ['jest-silent-reporter', {useDots: true}],
   ],
 });
diff --git a/package.json b/package.json
index 71ced53772b8..7e4e4af764ae 100644
--- a/package.json
+++ b/package.json
@@ -44,7 +44,7 @@
     "istanbul-lib-coverage": "^1.0.0",
     "jasmine-reporters": "^2.2.0",
     "jest-junit": "^5.1.0",
-    "jest-silent-reporter": "^0.1.0",
+    "jest-silent-reporter": "^0.1.1",
     "jquery": "^3.2.1",
     "karma": "^3.0.0",
     "karma-browserify": "^5.1.1",
diff --git a/packages/jest-jasmine2/src/jasmine/Spec.js b/packages/jest-jasmine2/src/jasmine/Spec.js
index e9016b7e9fb0..807c3c168f75 100644
--- a/packages/jest-jasmine2/src/jasmine/Spec.js
+++ b/packages/jest-jasmine2/src/jasmine/Spec.js
@@ -66,6 +66,12 @@ export default function Spec(attrs: Object) {
   this.initError = new Error();
   this.initError.name = '';
 
+  // Without this line v8 stores references to all closures
+  // in the stack in the Error object. This line stringifies the stack
+  // property to allow garbage-collecting objects on the stack
+  // https://crbug.com/v8/7142
+  this.initError.stack = this.initError.stack;
+
   this.queueableFn.initError = this.initError;
 
   this.result = {
diff --git a/packages/jest-jasmine2/src/jasmine_async.js b/packages/jest-jasmine2/src/jasmine_async.js
index d7bb10c481b0..1eaf0a8f2a4f 100644
--- a/packages/jest-jasmine2/src/jasmine_async.js
+++ b/packages/jest-jasmine2/src/jasmine_async.js
@@ -37,6 +37,12 @@ function promisifyLifeCycleFunction(originalFn, env) {
 
     const extraError = new Error();
 
+    // Without this line v8 stores references to all closures
+    // in the stack in the Error object. This line stringifies the stack
+    // property to allow garbage-collecting objects on the stack
+    // https://crbug.com/v8/7142
+    extraError.stack = extraError.stack;
+
     // We make *all* functions async and run `done` right away if they
     // didn't return a promise.
     const asyncJestLifecycle = function(done) {
@@ -79,6 +85,12 @@ function promisifyIt(originalFn, env) {
 
     const extraError = new Error();
 
+    // Without this line v8 stores references to all closures
+    // in the stack in the Error object. This line stringifies the stack
+    // property to allow garbage-collecting objects on the stack
+    // https://crbug.com/v8/7142
+    extraError.stack = extraError.stack;
+
     const asyncJestTest = function(done) {
       const wrappedFn = isGeneratorFn(fn) ? co.wrap(fn) : fn;
       const returnValue = wrappedFn.call({});
diff --git a/packages/jest-jasmine2/src/queue_runner.js b/packages/jest-jasmine2/src/queue_runner.js
index 5155a43374ef..d72ec1bfabbd 100644
--- a/packages/jest-jasmine2/src/queue_runner.js
+++ b/packages/jest-jasmine2/src/queue_runner.js
@@ -73,6 +73,7 @@ export default function queueRunner(options: Options) {
           'Timeout - Async callback was not invoked within the ' +
           timeoutMs +
           'ms timeout specified by jest.setTimeout.';
+        initError.stack = initError.message + initError.stack;
         options.onException(initError);
       },
     );
diff --git a/yarn.lock b/yarn.lock
index eab0b7f40346..a4bd01ae5f55 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -6451,7 +6451,7 @@ jest-junit@^5.1.0:
     strip-ansi "^4.0.0"
     xml "^1.0.1"
 
-jest-silent-reporter@^0.1.0:
+jest-silent-reporter@^0.1.1:
   version "0.1.1"
   resolved "https://registry.yarnpkg.com/jest-silent-reporter/-/jest-silent-reporter-0.1.1.tgz#2580704abf6245009f486fbea68f697dd7db2f48"
   dependencies: