US Markets halted for 15 minutes as contracts hit lower limits

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MG News | March 09, 2020 at 07:10 PM GMT+05:00

March 09, 2020 (MLN): US stock and bonds added to trail of destruction left by Asian and European Markets as the Dow Jones Industrial Average fell by 1800 points, while the S&P500 and Nasdaq both sank by 7 percent.

Trading was halted for 15 minutes shortly after trading started as contracts hit a 7% daily down limit.

Economic disruptions caused by Coronavirus and the largest decrease in oil prices since 1991 have left the global markets in chaos.

 

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