Markets in freefall as Dow plunges
The selloff didn’t take a break for lunch. At midday, US stocks are near their low-points of the trading day.
The Dow fell more than 9%, or 2,140 points. At its low-point, the index had shed more than 2,200 points.
The S&P 500 slid by 8.2%. The index tripped a circuit breaker this morning, falling 7%, which briefly halted trading. The next circuit breaker will be triggered if today’s decline stretches to 13%.
The Nasdaq Composite is down 8.1%.
The policy response to combat the fallout from the coronavirus outbreak is still leaving investors wanting something more.
A bill for a coronavirus response package will be brought to a vote in the House of Representatives today, but the White House has been skeptical of …continued .
[Original Source: CNN]