The Dow plunged nearly 3,000 points on Monday — or nearly 13 percent, its biggest drop since the “Black Monday” crash of 1987 — after the Federal Reserve’s surprise move to slash interest rates to near zero stoked fears about the damage the coronavirus is doing to the economy. Stocks accelerated their downward move in …
US stocks fell sharply enough Monday to halt trading for the third time in about a week as the Federal Reserve’s latest interest-rate cut failed to quell Wall Street’s growing coronavirus fears. The S&P 500 plunged 8.1 percent at the opening bell to 2,490.47, triggering a so-called circuit-breaker that stops trading for 15 minutes after a 7 …
The Dow plunged nearly 3,000 points on Monday — or nearly 13 percent, its biggest drop since the “Black Monday” crash of 1987 — after the Federal Reserve’s surprise move to slash interest rates to near zero stoked fears about the damage the coronavirus is doing to the economy. Stocks accelerated their downward move in …
