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RandySF

(58,896 posts)
Thu Mar 12, 2020, 04:56 PM Mar 2020

Stocks Plunge 10% in Dow's Worst Day Since 1987

“The selloff in U.S. stocks gathered pace Thursday with the Dow Jones Industrial Average falling nearly 10% in its worst day since the 1987 crash, while the S&P 500 and Nasdaq joined it in bear-market territory,” the Wall Street Journal reports.

“The furious falls in share prices on rising fears of a global slowdown due to the rapid spread of coronavirus occurred despite a $1.5 trillion intervention in short-term funding markets by the Federal Reserve.’



https://politicalwire.com/2020/03/12/stocks-plunge-10-in-dows-worst-day-since-1987/

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Stocks Plunge 10% in Dow's Worst Day Since 1987 (Original Post) RandySF Mar 2020 OP
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