Coronavirus: Wall Street temporarily halts as US stocks plummet
The New York Stock Exchange came to a grinding halt this morning as US stocks plummeted amid the global coronavirus pandemic.
Trading on Wall Street was temporarily halted early Monday local time as US stocks joined a global rout on crashing oil prices and mounting worries over the coronavirus.
The 15 minute suspension was triggered in a bid to calm the market after the S&P 500’s losses hit seven per cent. The broadbased index was down more than 200 points at 2,764.21 around 9.30am ET (12.30am AEDT).
The Dow Jones Industrial Average sank 7.3 per cent to 23,979.90, while the tech-rich Nasdaq Composite Index fell 6.9 per cent to 7,987.44.
https://www.news.com.au/finance/markets/world-markets/coronavirus-wall-street-temporarily-halts-as-us-stocks-plummet/news-story/08b1770429d60554dd8b8ae5a5dbcbf0