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What to expect after market rout
As oil shocks raise uncertainty to fever pitch, investors should remain cautious and look out for signs of relief ahead.
A hand sanitiser proves useful at the New York Stock Exchange on Tuesday. The stock exchange on Monday suffered one of the steepest single day declines since the Great Financial Crisis, with the 7 per cent plunge in the S&P500 triggering a circuit breaker early in the session.
PHOTO: REUTERS
THE plunge in crude oil prices as OPEC+ began a price war further heightened uncertainty for markets that have been under much strain due to the virus outbreak.
In a sharp risk-off move on Monday, global equities declined 7.2 per cent. In the US, we saw one of the steepest single day...
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