US Stocks plummeted 7% as market open; prompting market-wide trading halted
R Sinduja
News Editor
Image Credit: shortpedia
US stock market fell 7% instantly after regular trading began, urging the 1st market-wide trading halt. The losses came as an oil-price war & soaring coronavirus outbreak punched risk assets. Coronavirus outbreak concerns continued to weigh on investors as cases increased in many US states to over 500 people. Central banks all over the world have issued emergency stimulus to counteract economic hit caused by the virus outbreak.
