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12-03-2020, 10:14 PM
Wall Street resumes trading after 7% slide triggers halt
Reporting by Shreyashi Sanyal in Bengaluru; Editing by Shounak Dasgupta
MARCH 12, 2020 / 9:49 AM
(Reuters) - U.S. stock indexes resumed trading on Thursday after being halted for 15 minutes, as the benchmark S&P 500 index plunged 7% and triggered an automatic cutout shortly after the opening bell, for the second time this week.
Wall Street sank into a bear market as a shock move by President Donald Trump to halt travel from Europe rattled investors already alarmed about a global recession on the back of a coronavirus pandemic.
All three main indexes have now fallen over 24% from their intraday record highs hit in February.
More details in https://www.reuters.com/article/us-usa-s...SKBN20Z0CM
Reporting by Shreyashi Sanyal in Bengaluru; Editing by Shounak Dasgupta
MARCH 12, 2020 / 9:49 AM
(Reuters) - U.S. stock indexes resumed trading on Thursday after being halted for 15 minutes, as the benchmark S&P 500 index plunged 7% and triggered an automatic cutout shortly after the opening bell, for the second time this week.
Wall Street sank into a bear market as a shock move by President Donald Trump to halt travel from Europe rattled investors already alarmed about a global recession on the back of a coronavirus pandemic.
All three main indexes have now fallen over 24% from their intraday record highs hit in February.
More details in https://www.reuters.com/article/us-usa-s...SKBN20Z0CM
Specuvestor: Asset - Business - Structure.