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

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

Business Insider

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· *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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