Update: Bounce Off Session Lows After Restart, Dow 30, SP500 and NAS all Down 6%
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Where’s PPT?
Via: CNBC:
Stocks tumbled on Monday as investors braced for the economic fallout from the spreading coronavirus, while a shocking all-out oil price war added to the anxiety.
The Dow Jones Industrial Average tanked more than 1,800 points at the open, while the S&P 500 dropped 7%. The massive sell-off triggered a key market circuit breaker in morning trading. Trading was halted for 15 minutes until 9:49 a.m. ET.