Stocks Plunge 10% in Worst Day Since Black Monday
Posted on AllSides March 12th, 2020
From The Left
THURSDAY ENDED AS THE Dow Jones Industrial Average's worst day – in terms of value lost – since the Black Monday crash of 1987.
Trading was temporarily halted shortly after markets opened because of the steep declines – the second time the market's fail-safe had been triggered in mid-day trading this week. Both the Dow and the Standard & Poor's 500 closed the day down nearly 10%. The Dow dropped more than 2,300 points.
Outside of Black Monday and twice during the Great Depression of 1929, the Dow hasn't seen...