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applegrove

(118,600 posts)
Thu Mar 12, 2020, 06:57 PM Mar 2020

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

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

March 12, 2020 at 4:48 pm EDT By Taegan Goddard 380 Comments

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

"SNIP.....

“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.”

.....SNIP"

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