US stocks suspended amid panic as stimulus details remain unclear
S&P suspended again as coronavirus fear outpaces emergency measures
18 March 2020 - 19:46
New York — Financial markets spasmed, sending US stocks down to levels in December 2018, as the economic fallout from the pandemic outpaces the huge response from governments and central banks.
The S&P 500 fell more than 7%, triggering a 15-minute pause, with stocks adding to losses when trading resumed. The next halt would occur at a 13% decline. The Dow Jones Industrial Average wiped out all the gains logged since Donald Trump’s inauguration, with investors craving more government spending to offset the impact from the virus...
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