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US Stocks Plummet on Coronavirus Fears: March 9, 2020

US Stocks Plummet on Coronavirus Fears: March 9, 2020

What we’re covering here today

  • The Dow plummeted 1,800 points at the open, tripping circuit breakers that briefly halted trading at the New York Stock Exchange. Follow here.
  • Global oil markets are plunging after the implosion of an alliance between OPEC and Russia caused the worst one-day crash in crude prices in nearly 30 years. Oil has since recovered some of its losses.
  • The growing coronavirus pandemic is also making investors anxious. There are now over 100,000 cases and over 3,000 deaths attributed to this new virus.
  • European markets are down, while Asian markets closed lower. Take a look at world markets.

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