Dow plunges 2,997 points in biggest drop since 1987 as Fed emergency actions fail to calm coronavirus fears

Business Insider


· *US stocks fell sharply on Monday as investors appear to shrug off the Fed's emergency actions Sunday amid the coronavirus pandemic. *
· *The S&P 500 plummeted 8.1% at the open, triggering a 15-minute market-wide trading halt. The Dow Jones Industrial Average slipped 9.7%, or 2,250 points, within the first minute.*

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