Wall Street down more than 10% amid panic over economic hit from virus
Add BT as a preferred source
New York
WALL Street stocks plunged more than 10 per cent early on Monday as panic over the economic hit from the coronavirus outbreak offset emergency moves by the Federal Reserve.
About 25 minutes into trading, the Dow Jones Industrial Average stood at 20,669.42, down 10.9 per cent, or around 2,500 points, resuming trading after a 15-minute suspension triggered by steep losses.
TRENDING NOW
CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Battle for Asia’s ultra-rich: ‘Singapore can’t afford to keep losing clients to Dubai, Hong Kong’
Evergrande’s liquidation prompts some PwC partners to shield assets, contemplate divorce
