See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

S&P 500 index drops 7%, triggering a 15-minute trading halt

Posted on AllSides March 9th, 2020
From The Left
banking and finance, stock market, Wall Street, S&P 500, coronavirus

Global stock markets and oil prices plunged Monday after a fight among major crude-producing nations jolted investors who already were on edge about the surging costs of a virus outbreak.

The main stock indexes in Britain and Germany were down by almost 7%. Japan’s benchmark closed down 5.1% while Australia’s lost 7.3% and the Shanghai market in China was off 3%.

Trading in Wall Street futures was halted for this first time since the 2016 U.S. presidential election after they fell more than the daily limit of 5%. Bond yields...

Read full story
https://www.politico.com/news/2020/03/09/stocks-oil-plunge-over-global-fight-for-crude-production-124243

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right