Wall St plunges again as fears of virus-induced recession grow
The benchmark index slides as much as 11%, shedding about $2-trillion in market value
16 March 2020 - 18:59
New York — US stock indexes plunged about 7% on Monday, as the Federal Reserve's drastic interest rate cut to near zero stoked fears of a coronavirus-driven recession.
Trading on Wall Street's three main stock indexes was halted for 15 minutes shortly after the open, the third such pause in six days, as the S&P 500 index plunged 8%, triggering an automatic cut-out...
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