Wall Street ends 11-year ‘bull market’ as coronavirus fears spread
Posted on AllSides March 11th, 2020
From The Left
Wall Street’s record-breaking 11-year “bull market” came to an end on Wednesday as fears about the spreading Covid-19 pandemic hit stock markets again.
US stock markets have been on an unprecedented streak since 2009, a bull market of gains. On Wednesday investors sold off shares across all sectors after the World Health Organization declared the outbreak a pandemic for the first time and criticized “alarming levels of inaction” by governments in corralling the virus.
The Dow Jones Industrial Average closed down over 1,400 points, 5.8%. After days of wild fluctuations,...
