Dow closes at 3-year low below 20K, wiping out nearly all of Trump era's gains
Posted on AllSides March 18th, 2020
From The Left
Stocks were bludgeoned in yet another volatile session on Wednesday, sinking to a three year low with worldwide cases of the coronavirus soaring above 200,000, amid panic selling that nearly wiped out all of the gains made since President Donald Trump was inaugurated on Jan. 20, 2017.
The ongoing COVID-19 crisis has forced governments around the world to consider stimulus measures and imposing stiff restrictions to prevent further spreading. However, the economic fallout is already being felt, with several indicators deteriorating sharply, and Wall Street predicting a recession this year....
