Financial news
Written by: Jingjing He
2020-03-10 04:40
Last updated: 2020-03-10 04:41Crude oil price war and the new crown pneumonia (also known as Wuhan pneumonia) epidemic, the US stock market triggered the fuse mechanism shortly after the market opened on Monday, the entire Dow fell 2013 points (7.79%) to close at 23,851 points, the largest single-day point decline in history.
The S & P 500 index fell 7.6% and the Nasdaq fell 7.3%. Both were the biggest declines since the 2008 financial tsunami.
US stocks have been extremely volatile in the past few trading days. The S & P 500 Index has risen or fallen 2.5% or more for 4 consecutive trading days.
US stocks