Markets Gap Down, Trading Temporarily Halted

March 9th, 2020

Update: Bounce Off Session Lows After Restart, Dow 30, SP500 and NAS All Down 6%

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Where’s PPT?

Via: CNBC:

Stocks tumbled on Monday as investors braced for the economic fallout from the spreading coronavirus, while a shocking all-out oil price war added to the anxiety.

The Dow Jones Industrial Average tanked more than 1,800 points at the open, while the S&P 500 dropped 7%. The massive sell-off triggered a key market circuit breaker in morning trading. Trading was halted for 15 minutes until 9:49 a.m. ET.

Posted in Collapse, Economy | Top Of Page

One Response to “Markets Gap Down, Trading Temporarily Halted”

  1. anothershamus says:
    March 9, 2020 at 7:49 am

    Flock of Black Swans!
    Global Supply chains broken because of virus,
    Retail sales way down because of virus,
    The Fed ‘gots no place left to go’, at .5% rate,
    The market has been over-exuberant since last October when it should have corrected,
    Predatory car loans, student loans, and recently
    Home loans (again).
    ‘Send Lawyers, Guns, and Money! The shit has hit the fan!’
    Warren Zevon

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