Monday 16 March 2020

Dow falls 2,200 points, trading halted, as rate cut fails to calm markets

Dow falls 2,200 points, trading halted, as rate cut fails to calm markets

Wall Street had a grisly start to the week, with the Dow Jones Industrial Average sliding by 2,800 points at session lows in Monday's morning trading. The massive sell-off came despite emergency action from the Federal Reserve on Sunday to shore up the economy by infusing markets and Main Street with easier access to cash.
Read more: https://www.nbcnews.com/business/markets/dow-falls-2-200-points-trading-halted-rate-cut-fails-n1160246?source=Snapzu

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