US Markets Resume Trading after 7% Slide Triggers Halt Due to Coronavirus
US 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 shortlyafter the opening bell, for the second time this week.
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Dow Jones was down 2,075.96 points, or 8.81%, at 21,477.26 and the S&P 500 was down 223.81 points, or 8.16%, at 2,517.57
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Nasdaq was down 635.56 points, or 7.99%, at 7,316.49
BENGALURU : US 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.
At 9:54 a.m. ET the Dow Jones Industrial Average was down 2,075.96 points, or 8.81%, at 21,477.26, the S&P 500 was down 223.81 points, or 8.16%, at 2,517.57 and the Nasdaq Composite was down 635.56 points, or 7.99%, at 7,316.49.
(Except for the headline, this story has not been edited by Scrabbl staff and is published from a syndicated feed.)
