Dow Jones Crashes So Hard They Might Close the Stock Market

Bond yields have collapsed. Oil prices have crashed. Central banks are clueless. Coronavirus fears continue to grow. It's been that kind of day. | Source: REUTERS/Brendan McDermid

U.S. stock market trading was temporarily halted after a 7% fall triggered a “circuit breaker.”
If the brutal selling in the Dow and broader market continues, trading may be briefly halted again after a 13% drop.
If the market falls 20%, all trading will be closed for the rest of the day.
Trading on the U.S. stock market was halted on Monday as the Dow Jones Industrial Average (DJIA) plunged 7% or 1,884 points following the opening bell. The stock market looks set for a disastrous session now that the first “circuit breaker” has been triggered.

Circuit breakers also kicked in overnight to stem the bleeding in the futures market as coronavirus panic continues to grip Wall Street.
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